Borsa Istanbul BIST 100 Index Completes the Week with Gains

Serdar HocamAuthor & Editor

While the BIST 100 index on Borsa Istanbul closed the final trading day of the week with gains, U.S. inflation data and Federal Reserve expectations were monitored in the markets.

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On Borsa Istanbul, the BIST 100 index completed Friday with a 0.51 percent gain at 14,467.25 points, while the total trading volume reached 223.1 billion liras.

Market Closing Details

On Borsa Istanbul, the BIST 100 index completed Friday with a 0.51 percent gain at 14,467.25 points. The index increased by 73.40 points compared to the previous close, while the total trading volume was 223.1 billion liras.

Sectoral Developments and Indices

The banking index gained 1.25 percent, and the holding index gained 0.41 percent. Among sector indices, the highest gainer was financial leasing and factoring with 4.35 percent, while the sector that lost the most was IT with 3.25 percent.

Global Markets and U.S. Data

In global markets, inflation data announced in the U.S. and expectations regarding the U.S. Federal Reserve meeting to be held next week were closely monitored.

U.S. Inflation Figures

In the U.S., the Consumer Price Index recorded a monthly increase of 0.4 percent in August. The annual increase stood at the 3.4 percent level.