At the opening, the BIST 100 index rose to 4,840.44 points, gaining 71.88 points and 1.51 percent compared to the previous close.

The banking index increased by 3.73 percent and the holding index increased by 1.42 percent. While all sector indices started the day with an increase, banking was the most profitable.

Moving in an upward trend yesterday, the BIST 100 index gained 4.10 percent and closed the day at 4,768.56 points.

Analysts stated that the debt limit crisis in the US continues to remain in the focus of investors in global equity markets, and noted that the uncertainties regarding the issue continue to erode the risk appetite.

Analysts said that if the debt limit is increased, the US Treasury is expected to sell approximately 1 trillion dollars worth of bonds by the end of the third quarter.


Fed expected to raise interest rates

On the other hand, before the non-farm employment data to be announced on Friday, it is predicted that the Fed will increase interest rates by 25 basis points with a 60% probability in the pricing in the money markets.

Domestically, clues regarding the new economy management are followed closely.

Analysts stated that today the foreign trade balance in the country, consumer confidence index in the Eurozone abroad, housing price index in the USA, consumer confidence index and Dallas Fed manufacturing industry index will be followed, and technically, the BIST 100 index will be at the levels of 4,860 and 5,000. resistance noted that 4,750 points are in support position.

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