Borsa Completes the Day with Gains While Current Accounts Post a Surplus
While the BIST 100 index closed the day with an increase and trading volume reached 92.9 billion lira, Turkey's current account surplus for August was announced.
The BIST 100 index posted an increase of 100 points compared to the previous close, with total trading volume reaching 92.9 billion liras, while the current account recorded a surplus of billions of dollars during the same period.
Current Market Situation
The BIST 100 index showed a 100-point increase compared to the previous close. At the end of the day, the total trading volume reached the level of 92.9 billion liras.
Sectoral Developments and Values
While the banking index gained 1.22 percent in value, the holding index experienced a decrease of 0.23 percent. Among the sectors, trade provided the highest gain with 2.37 percent. The sector that lost the most was financial leasing factoring with a 5.35 percent decrease.
Current Account Balance Data
Turkey's current account balance recorded a surplus of 4 billion 53 million dollars in August. Excluding gold and energy, the current account surplus stood at 8 billion 205 million dollars.
Analysts' Forecasts and Technical Levels
Analysts reported that the domestic data agenda will remain calm, while economic data from China, Germany, and the US, alongside the Fed Beige Book report, will be monitored abroad. From a technical perspective, 12,400 and 12,500 points are positioned as resistance levels, while 12,200 and 12,100 points serve as support levels for the BIST 100 index.