At the opening, the BIST 100 index rose to 8,105.36 points, with an increase of 66.18 points and a gain of 0.82 percent compared to the previous closing.
The banking index increased by 0.57 percent and the holding index increased by 0.46 percent. Among the sector indices, the biggest gainer was stone and soil with 2.53 percent, and the only loser was securities investment trust with 0.11 percent.
BIST 100 index, which followed a buying-oriented trend on Friday, completed the day at 8,039.18 points with a 0.48 percent gain in value.
Analysts stated that a mixed course was observed in global equity markets due to increasing concerns that the US Federal Reserve (Fed) may raise interest rates again for the rest of the year, and noted that the intense data agenda has become the focus of investors this week.
Stating that concerns have increased that interest rates will remain at higher levels for longer than expected due to the Fed’s projections and the “hawkish” tone guidance of the Bank officials, analysts said that the sentiment in the markets is still fragile.
On the other hand, new decisions regarding the operation of the opening session of Borsa Istanbul come into effect today. According to the Borsa Istanbul statement, in this context, first of all, it was decided that order cancellation, price worsening and quantity reduction can be made in the share market, except for the last 5 minutes of the order collection phase of the opening session.
In addition, it was decided that order cancellation, price worsening and quantity reduction can be made in the entire order collection phase of the opening session for capital market instruments other than shares included in the opening session of the stock market.
Finally, regarding the opening session of the share market, it was decided that market and market-to-limit order types can be transmitted in the opening session on the Star Market, Main Market and capital market instruments other than shares included in the opening session.
Analysts stated that capacity utilization rate and real absolute confidence index data will be followed in the country today, Ifo business world indexes in Germany and Chicago Fed national activity index data in the USA will be followed abroad, and from a technical perspective, the 8,200 and 8,300 levels in the BIST 100 index are resistance and 8,000. and noted that 7,900 points are in a support position.