At the opening, the BIST 100 index decreased by 2.23 points compared to the previous close and depreciated by 0.04 percent to 6,360.70 points.
The banking index decreased by 0.19 percent and the holding index decreased by 0.13 percent. Among the sector indices, securities investment partnerships with 3.42 percent gained the most, and banking was the biggest loser.
BIST 100 index, which carried its upward trend for the 5th consecutive trading day yesterday, completed the day at 6,362.93 points with a gain of 1.48 percent and realized the highest daily close of all time. The index carried the record for the highest level it has ever seen, to 6,386.84 points.
Analysts stated that the global stock markets followed a positive course with the expectation that the inflation data to be announced in the USA today will reduce the pressure on the US Federal Reserve (Fed).
Stating that the Fed’s determination to fight inflation, the predictions that the Bank is approaching the end in its “hawk” steps are getting stronger day by day, analysts said that the signals from the Consumer Price Index (CPI) data to be announced today are expected to give clues about the Fed’s monetary policy.
On the other hand, yesterday, President Recep Tayyip Erdoğan and US President Joe Biden held a bilateral meeting within the scope of the NATO Summit. After the meeting, Biden said, “It was great to meet President Recep Tayyip Erdogan again in Lithuania as part of the NATO Summit.” made a statement.
President Erdogan, on the other hand, stated that their previous meeting with US President Biden was almost like a warm-up tour, and that they are now starting a new process.
Turkey’s 5-year credit risk premium (CDS), which continues to decline, stands at 457 basis points.