In VIOP, the BIST 30 Contract Started the Week with a Decline.
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After closing higher following last week's volatility, the Istanbul Stock Exchange (BIST) started the new week and the last day of August with losses. The BIST 100 index fell by 0.25 percent to 14,604.26 points at the opening of trading on Monday.
The August futures contract for the BIST 30 index on the Istanbul Stock Exchange's VİOP (Futures and Options Exchange) started the week down 0.14% at 16,655 points. The negative outlook in global markets and expectations of a Fed interest rate hike are weighing on investors' risk appetite, while domestically, attention is focused on the growth data.
The August futures contract for the index, which saw selling pressure on Friday, closed the regular session down 0.20% at 16,679.00 points. The index contract continued to fall in the evening session...
In the VİOP (Istanbul Stock Exchange Derivatives Market), the BIST 30 index futures contract opened down 0.14% at 16,655 points, driven by the Federal Reserve Chairman's strengthening expectations of interest rate hikes and tensions in the Middle East. Attention is now focused on growth data, and volatility is expected due to the expiry date of the contract.
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