The stock market started the day with a rise

At today’s opening of the Istanbul Stock Exchange, the BIST 100 index rose to 8,174.99 points, an increase of 28.50 points and a gain of 0.35 percent compared to the previous close.

The banking index rose 0.19 percent and the holding index rose 0.29 percent. Among the sectoral indices, the one that gained the most was stone and earth with 0.92 percent, and the only one that decreased was tourism with 0.48 percent.

The BIST 100 index, which yesterday followed a selling trend, ended the day at 8,146.49 points with a loss of value of 2.15 percent.

POSITIVE COURSE IN GLOBAL MARKETS

Analysts said a positive trend was seen in global stock markets as the rise led by US technology stocks spread across the board.

Analysts stated that the impact of supply disruptions in the energy sector can be seen in inflation data to be announced tomorrow, and emphasized that if inflation exceeds expectations, the possibility that the US Federal Reserve ( Fed) increase interest rates at the end of the year may increase.

Analysts recalled that prices in money markets assume that the Federal Reserve will keep the official interest rate constant at the September meeting and stated that it is still unclear which path the Bank will follow at the November meeting.

Stating that retail sales in the country and the ZEW expectations indexes in Germany and the eurozone will be followed today, the analysts noted that technically the levels of 8,200 and 8,200 in the BIST 100 index are resistance, while 8,100 and 8,000 points are medium. (AA)