The June futures contract was traded at 6,143.25 in the opening session, just below the previous session close.
The index contract, which followed a selling course on Friday, closed the regular session at 6,145.50 points, 2 percent below its previous close. The index contract was 6,143.50 points in the evening session.
Analysts stated that global stock markets started the new week with a negative trend with the uncertainties regarding the monetary policies of the US Federal Reserve, and stated that the guidance of Fed Chairman Jerome Powell and other Fed officials throughout the week placed the focus of investors.
The “hawkish” tone of Fed officials’ statements on Friday led to increased selling pressure in equity markets, while Fed Board Member Christopher Waller said that the lack of movement in core inflation is disturbing, and that a little more tightening is likely to be needed.
Analysts stated that the domestic international investment position and consumer confidence index data will be followed today, and noted that, technically, 6.200 and 6.300 levels are resistance and 6.100 and 6.000 points are support in the index contract.
