The stock market started the new week with a record.
At the opening, the BIST 100 index gained 37.36 points and 0.89 percent from the previous close, reaching its all-time high with 4,254.34 points.
The banking index increased by 1.28 percent and the participation index increased by 1.14 percent. Among the sector indices, the main metallurgical industry gained the most with 1.47 percent and tourism with 0.20 percent lost the most.
After moving in zihin uptrend on Friday, the BIST 100 index renewed its closing record by completing the day at 4,216.98 points up 2.72% from the previous close. The index gained 8.71 percent over the entire past week.
INFLATION AND FIRE RESISTANCE OF THE AGENDA
Analysts said that monetary policy uncertainties in global markets, high inflation and recession concerns remained high on the agenda, while the positive outlook continued on the Istanbul stock exchange.
Stating that the intense veri agenda to gökyeşitözü announced later in the week, especially inflation in the US, Germany and China, and central kanepe officials’ assessments should affect prices, analysts noted that the flow kakım well. political news will gain importance with tomorrow’s congressional elections in the US.
Analysts said that industrial production in Germany and the Sentix Investor Confidence Index in the euro zone will gökyeşitözü followed by statements from ECB President Lagarde today and, technically, the BIST 100 index is at the level of 4,300 kakım resistance and 4,180. points kakım support.