The stock market finished the day with an increase

While the BIST 100 index increased by 52.40 points compared to the previous closing, the total transaction volume was 114.1 billion lira.

The banking index lost 0.26 percent and the holding index lost 1.45 percent.

Among the sector indices, the most profitable was mining with 4.79 percent, while the most losing was financial leasing and factoring with 5.15 percent.

Global markets are trending positively as concerns about energy supply ease and oil prices decline after US President Donald Trump announced that they will not attack Iran before the midterm elections.

Domestically, Borsa Istanbul's BIST 100 index completed the day with a positive trend, parallel to the positive trend in global markets, despite the sales in the banking and holding sectors.

In addition, the "Law Proposal on Certain Investment Funds Decided to be Liquidated", signed by AK Party deputies, was submitted to the Presidency of the Turkish Grand National Assembly. According to the proposal, in the funds determined by the board, an interim payment of this amount can be made from the liquidation assets of the relevant fund for investors with a net investment amount of less than 1 million Turkish lira, and a maximum of 1 million Turkish lira can be made for investors with a net investment amount of 1 million Turkish lira and above.

At the fourth Fund Coordination Board Meeting held today under the chairmanship of Vice President Cevdet Yılmaz, technical preparations regarding liquidation processes and interim payments were reviewed. According to the statement of the Presidency's Directorate of Communications, coordination efforts between institutions for the return of exorbitant earnings were also discussed at the meeting.

Analysts stated that an intense data agenda will be followed next week, including current account balance, budget balance and housing sales in the country, and inflation in the USA, retail sales, industrial production and inflation in Germany and China, and noted that technically, 12,400 and 12,500 points in the BIST 100 index are resistance and 12,100 and 12,000 points are support.