BIST 100 index in Borsa Istanbul gained 3.30 percent in the first half of the day, reaching 14,974.05 points.
The BIST 100 index, which moved in an upward trend in the first half of the day, rose to 14,974.05 points as of 13:00, an increase of 478.29 points and 3.30 percent compared to the previous closing.
The total transaction volume was 150.4 billion lira. The banking index gained 4.59 percent and the holding index gained 3.05 percent.
While all sector indices increased, the one that rose the most was sports with 5.34 percent.
Following US President Donald Trump’s decision to briefly suspend the Freedom Project, which is described as an aid initiative for the passage of ships stranded in the Strait of Hormuz, he declared that great progress had been made towards reaching a final agreement with Iran, which revived the risk appetite in global markets.
While the BIST 100 index in Borsa Istanbul gained value in parallel with the global markets, it renewed the record by testing above the 15,000 level and completed the first half of the day positively.
Analysts stated that ADP private sector employment data in the USA will be followed in the rest of the day, as well as the news flow regarding the developments in the Middle East, and stated that technically, 15,100 and 15,200 points in the BIST 100 index are resistance, and 14,900 and 14,800 points are support.
