Borsa İstanbul started the day with a rise

Borsa Istanbul 100 index started the day at 1,550.49 points with an increase of 0.50 percent.

At the opening, the BIST 100 index rose to 1.550.49 points, gaining 7.67 points and 0.50 percent compared to the previous close. The banking index gained 0.70 percent and the holding index gained 0.29 percent. Among the sector indices, financial leasing and factoring gained the most with 3.11 percent, and tourism was the highest with 1.78 percent.

Yesterday, the BIST 100 index up to 1.522 with the selling pressure from 1.575 levels partially compensated its losses with response purchases from these levels, but closed the day at 1.542.82 points with a 1.26 percent decrease compared to the previous close.

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Analysts said that the upward trend in commodity prices may increase inflationary pressures and that the possibility of interest rate increases before the expectations in the world is trying to be priced in global markets, therefore volatility has increased.

Noting that the news flow regarding the economic support package in the USA continues to be in the focus of investors, analysts stated that the meeting minutes of the US Federal Reserve (Fed), which will be announced today, have increased in importance after the rise in US bond rates.

Analysts stated that the intensive data agenda, especially retail sales and industrial production in the USA, will be followed today, and technically, 1.570 and 1.582 levels in the BIST 100 index are in the resistance position and 1.525 points in the support position.


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

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