BIST 100 index finished the day with an increase

While the BIST 100 index increased by 21.14 points compared to the previous closing, the total transaction volume was 124.8 billion lira.

The banking index lost 0.38 percent and the holding index lost 0.73 percent.

Among the sector indices, the biggest gainer was tourism with 3.43 percent, and the biggest loser was financial leasing factoring with 7.13 percent.

In global markets, the increase in non-farm employment in the USA in September, which was below expectations by 29 thousand people, weakened the expectations that the US Federal Reserve (Fed) will increase interest rates in October, while a positive trend is observed with purchases supported by the decline in bond interest and oil prices.

Domestically, while the BIST 100 index at Borsa Istanbul completed the day with a positive trend, the second meeting of the Fund Coordination Board came to the fore to evaluate the schedule of payments to be made to fund investors and to give instructions to the relevant institutions to complete the draft envisaging amendments to the Capital Markets Law.

Analysts stated that an intensive data agenda will be followed next week, especially inflation, real effective exchange rate, treasury cash balance and industrial production in the country, and foreign trade balance in the USA, Federal Open Market Committee (FOMC) meeting minutes, producer inflation and retail sales in the Eurozone. Technically, 12,400 and 12,500 points in the BIST 100 index will be resistance, 12,100 and 12,100 points will be followed, analysts said. He noted that 12,000 points are in a support position.