Stock market started the day with an increase

Stock market started the day with an increase

At the opening, the BIST 100 index rose to 7,993.89 points, with an increase of 47.53 points and a gain of 0.60 percent compared to the previous closing.

The banking index increased by 0.66 percent and the holding index increased by 0.57 percent. While all sector indices increased, the biggest gainer was financial leasing factoring with 2.41 percent.

BIST 100 index at Borsa Istanbul, which followed a buying-oriented trend yesterday, completed the day at 7,946.37 points with a 1.18 percent increase.


Analysts reported that global markets continued their positive course as inflation concerns in the United States continued to weaken and expectations that the US Federal Reserve (Fed) could ensure a soft landing in the economy.

Analysts noted that the developments in the bond markets were also effective in strengthening the risk appetite, and stated that the Fed minutes to be announced today and the balance sheet of chip manufacturer Nvidia may increase volatility in the markets.

Analysts stated that today in the USA, the Chicago Fed national activity index, second-hand home sales and Fed minutes, as well as the news flow regarding the Israel-Palestine conflict, continue to be in the focus of investors, and from a technical perspective, the 8,000 and 8,180 levels in the BIST 100 index are resistance, and 7,910 and 7,770 are resistance. He noted that the score is in a support position.

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