October index contract on VIOP started the day with an increase
At the market opening, the October index contract showed an upward trend, reaching 16,509.00 points, while PMI data became the focus of investors.
The October index contract on VIOP started the day with an increase of 0.21 percent at 16,509.00 points. Following yesterday's positive trend, global developments are being closely monitored.
Opening Figures and Yesterday's Trend
Following a buying-heavy trend yesterday, the October index contract completed the normal session with a 0.07 percent increase at 16,475.00 points.
The index contract continued its rise in the evening session as well, managing to trade at 16,524.00 points.
Global Markets and Risk Appetite
Progress made in diplomatic contacts between the US and Iran to end the war positively increased risk appetite globally.
Manufacturing and service sector Purchasing Managers' Index data to be announced worldwide have become the main focus of investors.
Today's Data Agenda
Analysts stated that sectoral inflation expectations, the financial services confidence index, and the household expectation survey will be monitored domestically today.
Abroad, it was stated that Purchasing Managers' Index data worldwide will have an impact on the direction of the markets.
Technical Levels and Resistances
Market experts noted that from a technical perspective, the 16,600 and 16,700 point levels act as resistance in the index contract.
In case of potential pullbacks, the 16,400 and 16,300 point levels are being followed as support points.