BIST 100 index at Borsa Istanbul gained 0.69 percent in the first half of the day, reaching 13,291.27 points.
BIST 100 index, which moved in an upward trend in the first half of the day, increased by 90.89 points and 0.69 percent compared to the previous close, reaching 13,291.27 points as of 13:00.
Total transaction volume was 64.9 billion lira. While the banking index lost 0.83 percent of its value, the holding index gained 1.25 percent.
Among the sector indices, petroleum chemicals and plastics, which increased the most by 3.13 percent, was the banking sector that lost the most value.
Global markets are trending negatively, with oil prices on the rise again and uncertainties regarding inflation in the US. While the ongoing conflicts in the Middle East have an impact on pricing, this situation causes fluctuations in the oil market and has a negative impact on the stock markets.
BIST 100 index in Borsa Istanbul, on the other hand, diverged positively from global markets before the interest rate decision of the Central Bank of the Republic of Turkey (CBRT) and completed the first half of the day with a positive trend.
Economists participating in AA Finance’s expectations survey expect the CBRT to keep the policy rate constant at 37 percent in March.
Analysts stated that money and bank statistics in the country and foreign trade balance in the USA, unemployment benefit applications, housing starts and construction permits will be followed abroad for the rest of the day, and stated that technically, 13,400 and 13,500 points in the BIST 100 index are resistance and 13,200 and 13,100 points are support.
