#Forex Haberleri

Stock market opens with an increase

The stock market continues to show a positive trend. The BIST 100 index started the day with a rise of 0.80% at 10,269.90 points. On the Borsa Istanbul, the BIST 100 index started the day with a 0.80% increase at 10,269.90 points. At the opening, the BIST 100 index rose by 81.05 points and 0.80% to reach 10,269.90 points compared to the previous closing. The banking index gained 0.77%, while the holding index gained 0.61% in value. Among sector indices, financial leasing factoring was the highest gainer with 5.75%, while forest paper printing was the biggest loser with 0.21%. Yesterday, the BIST 100 index, which followed a buying-weighted trend in the domestic market, ended the day at 10,188.85 points with a 2.94% gain. In global markets, a positive trend was observed due to the easing of tension after the exemption statements following the US tariff measures, while focus in the domestic market today turned to the interest rate decision that the Central Bank of the Republic of Turkey (CBRT) will announce. Economists expect the CBRT to lower its policy rate by 250 basis points in March to 42.5%. The median expectation for the year-end policy rate among economists is 30%. Furthermore, Borsa Istanbul announced that the uptick rule in short selling transactions for shares included in the BIST 50 index will continue today. Analysts pointed out that today, along with the CBRT’s interest rate decision domestically, weekly money and banking statistics and abroad, the interest rate decision of the European Central Bank (ECB) in the Eurozone, weekly jobless claims in the US, and trade balance will be monitored, noting that technically in the BIST 100 index, 10,300 and 10,450 points are resistance while 10,200 and 10,000 levels are support.

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