Istanbul Stock Exchange records 2100 points in a week

0
601

Istanbul Stock Exchange, which started the first trading day of the week with more than 2050 points, recorded a record high in the first half of the day to 2099.23 points.

The BIST index is moving in an upward direction in the first half of the day, reaching an all-time high of 2,099.23 points.

-Advertisement-



The index rose to 2095.41 with a value of 2.94 percent and 59.94 points from 13.00 points compared to the previous close, and the total volume of transactions amounted to 20.8 billion Turkish liras.

In the first half, the banking index rose 1.32 percent, and the holding index rose 3.22 percent.

Among the sector’s indices, the major metals industry was the most profitable by 4.82 percent, and the only sports, which fell by 0.42 percent.

According to data released today, the Turkish current account surplus amounted to 3 billion and 156 million dollars in October.

-Advertisement-



While the current account deficit for 12 months amounted to 15 billion and 425 million dollars.

On the other hand, the industrial production index rose by 0.6 percent on a monthly basis and 8.5 percent on an annual basis in October.

This week, analysts said, investors will focus on the interest rate decisions of the European Central Bank, the Bank of Japan, the Bank of England, and the Central Bank of the Republic of Turkey.

So did the US Federal Reserve, and said that verbal guidance by policymakers will be crucial in shaping expectations and pricing.

Analysts pointed out that the doubts caused by the Omicron virus that emerged in the Coronavirus epidemic made pricing difficult in the markets, and indicated that developments on this matter would also be monitored.

-Advertisement-



Technically, the analysts stated that the BIST 100 index is located at the resistance level of 2,100 points and the support level of 2.030.