The Stock Market Opened Higher.
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Following three weeks of selling, the Istanbul Stock Exchange experienced a rebound yesterday. Brokerage firms consider maintaining the 12,000 level critical for the direction of the index, which closed at 12,249. They also point out that for the rise to turn into a sustained recovery, the 12,400 band needs to be surpassed.
The BIST 100 index on the Istanbul Stock Exchange opened the day with a 0.19% increase, reaching 12,271.92 points. Yesterday, the index gained 2.53%, rising to 12,249.04 points. At the opening, the IT sector rose 0.72%, while financial leasing and factoring declined 7.38%.
Borsa Istanbul, buoyed by the Capital Markets Board's (SPK) interim payment move targeting funds, started the final session of the week with buying interest following Thursday's sharp rise. The BIST 100 index rose to 12,271 points at the opening.
The Istanbul Stock Exchange opened higher. The BIST 100 index is at 12,272 points, with a daily change of +0.19%.
Economy - The BIST 100 index opened the day up 0.19% at 12,271.92 points. While bond sales and oil prices are being monitored in global markets, investors are focused on the US non-farm payrolls data to be released.
The BIST 100 index on the Istanbul Stock Exchange opened the day up 0.19 percent at 12,271.92 points.
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