10:22 am – Borsa Istanbul started to rise after the statements from regulatory institutions. The increase in the banking index exceeded 5 percent. While the rise in Akbank shares exceeds 5 percent, İş Bank shares are up 4.11 percent.
BIST 100 index at Borsa Istanbul, which followed a sales-oriented trend yesterday, finished the day at 13,122.58 points, losing 5.54 percent of its value.
The index dropped to 12,948.83 points at the opening today, with a decrease of 173.74 points and 1.32 percent compared to the previous closing. While the banking index increased by 0.34 percent, the holding index lost 2.96 percent.
Among the sector indices, the one that gained the most was transportation with 0.55 percent, and the one that decreased the most was financial leasing factoring with 9.50 percent.
While the interest rate decision of the US Federal Reserve (Fed) continues to be decisive on the direction of global markets, the selling pressure seen in the New York stock exchange yesterday following the bank’s interest rate increase has been replaced by a more optimistic outlook, especially in the futures markets.
STATEMENTS FROM CMB, CBRT AND MINISTRY
Following the sharp sales in Borsa Istanbul yesterday, the Financial Stability Committee met this morning. Following the meeting, statements came from the CBRT and CMB.
Borsa Istanbul recovered and started to rise after the statements.
