In the opening session, the June futures contract was traded at 5,184.75, 0.3 percent above the previous session’s closing.
The index contract, which followed a selling course on the last trading day of last week, closed the regular session at 5,169.75 points, 4 percent below its previous closing. The index contract rose to 5,173.25 points in the evening session.
Analysts stated that the global equity markets followed a cautious course with concerns about the debt limit crisis in the USA.
Even though the perception of risk got stronger with the deadlocked negotiations on Friday last week, the news flow that US President Joe Biden and US House of Representatives Speaker Kevin McCarthy agreed to meet again for today is eroding the risk perception.
On the other hand, the US Federal Reserve (Fed) Chairman Jerome Powell’s signals on Friday that the Fed might stop the rate hikes limited the selling pressure in the stock markets.
Analysts stated that today, together with the consumer confidence index in Turkey and the consumer confidence index abroad in the Euro Area, the news flow regarding the debt crisis of the USA will be followed, technically, the 5.200 and 5.300 levels are in the resistance position, and the 5.100 and 5.000 points are in the support position in the index contract. stated that.
