TurkiyeIstanbulMarkets

Borsa Istanbul stock market ended the day with a decrease

The BIST 100 index at Borsa Istanbul completed the day with a loss of 0.90 percent, closing at 9,029.38 points. While the BIST 100 index decreased by 82.12 points compared to the previous close, the total trading volume reached 121.9 billion Turkish lira.

While the banking index gained 1.45 percent, the holding index lost 0.15 percent.

Among the sector indices, banking was the most profitable, while information technology was the biggest decliner with a decrease of 3.52 percent.

Analysts stated that global stock markets started the week cautiously with a busy data calendar and guidance from Federal Reserve officials in focus for investors.

Analysts mentioned that tomorrow the domestic data agenda will be calm, while in foreign markets, durable goods orders, Richmond Fed manufacturing index, consumer confidence index in the United States, and consumer confidence index in Germany will be followed. They noted that technically, the 9,000 level is seen as support for the BIST 100 index, while 9,300 points are considered as resistance.

source: aa.com.tr/ prepared by Melisa Beğiç

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button