Business is booming.

Stock market started the day with rising

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At the opening, the BIST 100 index rose to 2,463.94 points, gaining 33.39 points and 1.37 percent compared to the previous close.

Banking index increased by 1.07 percent and holding index increased by 1.46 percent. In the middle of the cut indices, forest, paper and printing were the highest earners with 3 percent.

BIST 100 index increased last week, albeit finitely, with purchases close to the close on Friday, closing the day at 2,430.55 points with a profit of 0.09 percent.

Analysts reported that although the US Federal Reserve (Fed) increased the policy rate by 50 basis points, a positive course was followed with the abandonment of the aggressive hawkish tone before the meeting in the text of the decision and the statements of Fed Leader Jerome Powell.

Analysts today, in addition to inflation in the domestic market, manufacturing industry Purchasing Managers Index (PMI) and Domestic Producer Price Index (D-PPI), abroad, factory orders in Germany, service sector PMI in England, He stated that the Bank of England’s (BoE) interest rate decision and weekly unemployment applications in the USA will be followed.

Economists participating in the expectations survey conducted by AA Finance expect the Consumer Price Index (CPI) to increase by 5.96 percent in April.

Analysts said that 2,420 points in the BIST 100 index are in the support position from a technical point of view, and that the 2,480 level will come to the fore as resistance.

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