The BIST 100 index hit an all-time high with 8,398.44 points, and as of 13.00, it became 8,355.39 points with a gain of 17.72 points and 0.21 percent compared to the previous close. Total transaction volume amounted to 61.9 billion lira.
The banking index gained 0.29 percent and the holding index gained 0.72 percent. Among the sector indices, the biggest gainer was insurance with 2.31 percent, and the biggest loser was metal, the main industry, with 1.28 percent.
Global stock markets are following a mixed course with increasing concerns that the US Federal Reserve (Fed) may not have reached the end of its interest rate increases.
Analysts stated that, following the recently announced data on the labor market, softening the employment market may be of critical importance within the scope of the Fed’s inflation fight program.
World Bank Turkey Country Director Humberto Lopez, in his statement yesterday, said that in addition to the ongoing 17 billion dollar program, they plan to present new operations worth 18 billion dollars to the World Bank Board of Directors within 3 years.
On the other hand, the Capital Markets Board (CMB) decided that Hat-San Gemi İnşaat Maintenance and Repair Deniz Nakliyat Sanayi ve Ticaret AŞ was sold at 22.60 lira, Reeder Teknoloji Sanayi ve Ticaret AŞ at 9.30 lira and Adra Gayrimenkul Yatırım Ortaklığı AŞ at 9.30 lira. It announced that it had approved its initial public offering at 22.66 lira.
Analysts stated that the expected Turkey evaluation report of the international credit rating agency Fitch Ratings has become the focus of investors in the country today, and wholesale stocks in the USA will be followed abroad.
Analysts noted that technically, 8,400 and 8,500 levels in the BIST 100 index are resistance, while 8,300 and 8,200 points are support.