The stock market started its day with a decline BIST in Istanbul

BIST 100 index at Borsa Istanbul, which followed a sales-oriented trend yesterday, finished the day at 12,070.17 points, losing 0.40 percent of its value.

The index dropped to 11,896.08 points at the opening today, with a decrease of 174.09 points and 1.44 percent compared to the previous closing. The banking index lost 1.48 percent and the holding index lost 1.42 percent.

Among the sector indices, the only gainer was securities investment trust with 0.36 percent, and the biggest decrease was financial leasing factoring with 6.52 percent.

Domestically, the international credit rating agency S&P is expected to announce its assessment of Turkey after the markets close in the evening. The expectation is that S&P will maintain Turkey's credit rating as "BB-" and its rating outlook as "stable".

Analysts stated that today, the housing price index and market participants survey will be followed in the country, the speech of the Governor of the Bank of England (BoE) Andrew Bailey, the foreign trade balance and inflation in the Eurozone, and the industrial production and capacity utilization rate in the USA will be followed in the country, and noted that technically, 11,800 and 11,700 points in the BIST 100 index are support, and 12,000 and 12,100 points are resistance.

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