While the BIST 100 index increased by 161.19 points compared to the previous close, the total transaction volume stood at TL 42.3 billion.

The banking index gained 8.37 percent and the holding index gained 3.90 percent. Among the sector indices, banking was the most profitable and tourism was the only loser with 0.63 percent.

Analysts stated that developments in the US economy continue to have an impact on asset prices, adding that although the labor market data announced on Friday in the country reduced the concerns of recession, a fluctuating course was observed in the global markets, while a positive course was observed in Borsa Istanbul, led by banking stocks.

Stating that the foreign trade balance will come to the fore in China tomorrow, analysts stated that 4.360 and 4.300 levels in the BIST 100 index are technically support and 4.500 points are resistance.

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