Business

The stock market hit a record high

In Borsa Istanbul, the BIST 100 index rose to 2,684.77 points, the highest level it had seen in the first half of the day.

BIST 100 index, which hit a record level with 2,684.77 points in the first half of the day, became 2,660.25 points with a gain of 12.07 points and 0.46% compared to the previous close as of 13.00. Total transaction volume stood at ₺23.1 billion.

In the first half, the banking index depreciated by 1.06%, while the holding index rose by 0.53%. Among the sector indices, transportation was the most profitable with 2.50%, and the most declining was communication with 1.28%.

Analysts stated that volatility may continue in the stock and bond markets before the important data that will shape growth and inflationary expectations, adding that stock and sector-based movements may come to the fore in this process.

Source: Trthaber / Translated by Irem Yildiz

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