The banking index gained 1.11 percent and the holding index gained 1.61 percent. While all sector indices rose, the biggest gainer was sports with 3.09 percent.
While global markets continue to search for direction with the concern that possible protectionist policies in the future may re-intensify inflation pressure, all eyes are on the statements to be made by US Federal Reserve (Fed) Chairman Jerome Powell regarding the economic outlook today.
Analysts stated that an intense data agenda will be followed tomorrow, including the private sector’s loan debt from abroad and the survey of market participants, and abroad, growth in Japan and the UK, and industrial production in the USA. He noted that 9,600 points are resistance and 9,400 and 9,250 levels are support.
Source: www.dunya.com
