BIST 100 index closed the day with an increase

While the BIST 100 index increased by 61.87 points compared to the previous closing, the total transaction volume reached 117 billion lira.

While the banking index lost 1.27 percent of its value, the holding index gained 0.67 percent.

Among the sector indices, the most profitable was forest paper printing with 4.95 percent, and the most losing was financial leasing factoring with 4.75 percent.

While global markets follow a mixed course due to uncertainties regarding the midterm elections in the US and concerns about the profitability of technology companies, the decline in oil prices supports the recovery in European and US share markets.

Domestically, the BIST 100 index in Borsa Istanbul, after starting the day with a decline, turned positive with widespread purchases despite the sales in banking stocks.

Analysts stated that tomorrow the real effective exchange rate in the country and the intense data agenda will be followed abroad, especially ADP private sector employment and foreign trade balance in the USA, and noted that technically, 11,200 and 11,300 points in the BIST 100 index are resistance, while 10,900 and 10,700 points are support.

Source: TRT Haber Ekonomi RSS (Open Press / Translated Full Text)