Borsa İstanbul is at a record level | Stock Market News

Borsa Istanbul 100 index gained 0.45 percent in the first half of the day and reached 1.576.39 points, while the highest level it had seen was 1.582.04 points.

Moving in an upward trend in the first half of the day, the BIST 100 index stabilized at the level of 1.576.39 with an increase of 7.04 points compared to the previous close after reaching the all-time high with 1.582.04 points. The total transaction volume was 14.1 billion liras.
In the first half, the banking index gained 1.28 percent and the holding index rose 0.18 percent.

Among the sector indices, the highest earning was stone and soil with 2.63 percent, and the most declining was trade with 0.42 percent.

Analysts stated that after Joe Biden took up the presidency in the USA, with the increasing expectations for fiscal stimulus packages, the share markets on a global scale followed a positive course.

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Afternoon domestically Central Bank of the Republic of Turkey (CBRT), while abroad, the European Central Bank (ECB) on direction of market interest rate decision is expected to be effective transfer of analysts, quoted unlikely to go to the change in the policy interest rates of the two banks.

Most of the economists who participated in the survey conducted by AA Finans estimate that the CBRT will leave the policy rate unchanged. While 2 of 34 economists who participated in the survey expect 50 basis points and 4 expect 100 basis points increase, 28 economists expect no change. At the last MPC meeting last year, the policy rate was increased from 15 percent to 17 percent.


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Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.

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