The stock market finished the day with an increase
Quick Look
- BIST 100 index completed the day with an increase of 230.06 points, led by banking stocks.
- While the total transaction volume was 143.3 billion liras, the main metal industry was the sector that earned the most.
AI-generated summary
Why It Matters
BIST 100 index was supported by reactionary buying in global markets and diplomatic expectations in the Middle East.
While the BIST 100 index increased by 230.06 points compared to the previous closing, the total transaction volume was 143.3 billion lira.
The banking index gained 3.80 percent and the holding index gained 1.75 percent.
Among the sector indices, the main metal industry gained the most with 3.83 percent, and the sports industry lost the most with 1.01 percent.
Global markets are following a positive trend, with oil prices declining due to expectations of a diplomatic solution in the Middle East and the strengthening reaction purchases following last week's sharp sales.
Domestically, Borsa Istanbul's BIST 100 index completed the day with a positive trend, led by banking stocks in line with global markets.
Analysts stated that industrial production in the country will be followed tomorrow, household expenditures, current account balance and foreign trade balance in Japan and the Consumer Price Index (CPI) in the USA will be followed abroad tomorrow, and noted that technically, 11,800 and 11,900 points in the BIST 100 index are resistance and 11,600 and 11,500 points are support.
What to Watch
AI outlook — possibilities, not facts
In the BIST 100 index, 11,800 and 11,900 points will be watched as resistance.
Likely · Within days
Open Questions
- How will the industrial production data to be announced tomorrow affect the market?
