BIST 100 index at Borsa Istanbul started the day with an increase of 0.01 percent at 13,080.87 points.
BIST 100 index at Borsa Istanbul, which followed a buying-oriented trend yesterday, closed the day at 13,078.93 points, gaining 1.05 percent in value.
At today’s opening, the BIST 100 index increased by 1.93 points and 0.01 percent compared to the previous closing, reaching 13,080.87 points. The banking index lost 0.73 percent and the holding index lost 0.64 percent.
Among the sector indices, chemicals, petroleum and plastics were the ones that gained the most with 0.95 percent, while banking was the one that declined the most.
While global markets follow a mixed course as the closure of the Strait of Hormuz increases risks and costs for energy supply, the non-agricultural employment data to be announced in the USA today is expected to have an impact on the direction of the markets.
While the ongoing geopolitical tension in the Middle East keeps the global risk perception high, concerns are increasing that conflicts may prolong and rising energy costs may strengthen global inflation again.
In his statement yesterday, US President Donald Trump claimed that the Iranian government would give up and later that Cuba would also fall. Noting that the USA is in contact with Cuba’s communist administration, Trump said, “They need help. We are in talks with Cuba.” he said.
Trump stated that he will have an influence on determining the new leader of Iran and said, “We will work with the people and the regime to ensure that someone who can build Iran well without nuclear weapons comes to power.” he said.
Analysts said that an intense data agenda will be followed today, especially the treasury cash balance in the country, growth in the Eurozone abroad, statements of European Central Bank (ECB) President Christine Lagarde and non-agricultural employment data.
Stating that geopolitical developments and the news flow from the Middle East have an impact on the direction of the index, analysts noted that technically, 13,100 and 13,200 points in the BIST 100 index are resistance, while 13,000 and 12,900 points are support.
