Business is booming.

Stock market fell in the first half of the day

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The BIST 100 index, which was fluctuating in the first half of the day, decreased to 2,639.51 by losing 8.60 points compared to the previous closing with the prestige of 13.00. The total process volume stood at TL 20.2 billion.

While the banking index lost 1.07 percent in the first half, the holding index gained 0.06 percent. In the middle of the branch indices, woven leather was the highest earner with 3.16 percent, and metal goods and machinery were the most declining with 1.61%.

EUROPEAN EXCHANGES

BIST 100 index, which hit a record level of 2,656.17 points in the first half of the day, was stabilized below the level of 2,640 with the sales from this level as a result of the negative effect of the declines in the European stock markets.

Analysts said that the global stock markets were mixed with the rise in US bond yields and the volatility in commodity prices.

Stating that foreign trade data in the USA will be followed in the afternoon, analysts noted that technically, 2,650 and 2,690 levels in the BIST 100 index stand out as resistance and 2,620 points as reinforcements.

 

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