Stock Exchange Started the Day with an Increase | Borsa Istanbul News

BIST 100 index on Borsa Istanbul started the day with a 0.39 percent increase at 9,737.17 points.

At the opening, BIST 100 index rose by 37.61 points and 0.39 percent compared to the previous close, reaching 9,737.17 points.

The banking index gained 0.44 percent and the holding index gained 0.30 percent. The sector index that gained the most was communications with 0.87 percent, while insurance was the only one to decline with 0.51 percent.

BIST 100 index, which was in a downward trend yesterday, closed the day with a 0.73 percent loss at 9,699.56 points.

Global markets are on a positive note as inflation data to be released tomorrow in the US supports the possibility that the US Federal Reserve (Fed) may start reducing interest rates by 50 basis points.

Analysts stated that industrial production and unemployment rate data will be followed in the country today, and noted that from a technical perspective, the 9,800 and 10,000 levels in the BIST 100 index are resistance, while the 9,600 and 9,500 point levels are support.

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