BIST 100 index at Borsa Istanbul, which followed a buying-oriented trend yesterday, closed the day at 11,712.67 points, gaining 2 percent in value.
The index rose to 11,758.85 points at the opening today, with an increase of 46.18 points and 0.39 percent compared to the previous closing. The banking index gained 0.50 percent and the holding index gained 0.77 percent.
Among the sector indices, the highest gain was mining with 1.43 percent, and the highest loss was metal goods machinery with 2.10 percent.
While global markets are following a positive trend with the rise in technology stocks and the continuing decline in oil prices, all eyes are on the inflation data to be announced in the USA today.
The October inflation data of the USA is expected to be important in shaping the expectations for the December interest rate decision of the US Federal Reserve (Fed), following the strong employment figures announced in the country.
The declines seen in technology stocks last week were replaced by increases this week, supporting the risk appetite in global markets. US President Donald Trump’s statement that he sees the possibility of a new attack against Iran as low and that there is no need for a new military operation ensures that the decline in oil prices continues, and this reduces the risk perception in the markets.
Analysts stated that domestic industrial production will be followed today and noted that technically, 11,800 and 11,900 points in the BIST 100 index are resistance, while 11,600 and 11,500 points are support.
