BIST 100 index completes the day with an increase

Serdar HocamAuthor & Editor

While the BIST 100 index on Borsa Istanbul completed the day with an increase, the trading volume in the markets reached 175.5 billion liras.

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The BIST 100 index completed the day with an increase of 139.17 points compared to the previous close, and the total trading volume in the markets materialized at the level of 175.5 billion liras.

Sector Performance

The banking index gained 0.55 percent and the holding index gained 1.02 percent in value. Among the sector indices, the one that gained the most was paper and forestry with an increase of 3.38 percent, while the one that lost the most was the IT sector with 2.41 percent.

State of Global Markets

Despite positive developments in the field of artificial intelligence, the continued rise in oil prices due to geopolitical tensions in the Middle East dampened risk appetite in global markets. On the other hand, US markets were closed today due to a holiday.

Levels Monitored by Analysts

Market analysts reported that tomorrow the domestic data agenda will be calm, while abroad, growth data in Japan and the foreign trade balance in Japan, Germany, and China will be monitored.

From a technical perspective, 14,200 and 14,300 points stand out as resistance points for the BIST 100 index, while the 14,000 and 13,900 point levels serve as support.