BIST 100 index on Borsa Istanbul started the day with a 0.05 percent increase at 9,762.37 points.
At the opening, BIST 100 index rose to 9,762.37 points, up 5.21 points and 0.05 percent compared to the previous close.
While the banking index lost 0.17 percent, the holding index gained 0.11 percent. Among the sector indexes, the one that gained the most was textiles and chemicals with 0.51 percent, and the one that fell the most was forest paper printing with 0.33 percent.
Moving in a narrow band yesterday, the BIST 100 index in Borsa Istanbul closed the day with a 0.09 percent gain at 9,757.16 points.
While global markets continued their sales-heavy trend despite Nvidia’s positive balance sheet results yesterday, today all eyes turned to the growth to be announced in the US and the core personal consumption expenditures price index, which the US Federal Reserve (Fed) takes into account as an indicator of inflation.
On the other hand, there will be no trading on Borsa Istanbul tomorrow due to the Victory Day holiday on Friday, August 30.
Analysts reminded that today is the maturity date for index and stock futures contracts and reported that volatility could be high due to position carrying and closing transactions.
Analysts stated that an intensive data agenda will be followed today, primarily including the Commercial Real Estate Price Index and weekly money and banking statistics in Turkey, and inflation in Germany, growth in the US and personal consumption expenditures data for the second quarter, and noted that from a technical perspective, the 9,850 and 10,000 levels are resistance levels in the BIST 100 index, while 9,650 and 9,500 points are support levels.
