- BIST10011,577-1.87%
- USD49.58+0.05%
- EUR55.62+0.09%
- GOLD4,154.50+0.29%
- INTEREST37.00%-1.00
- BITCOIN84,636+2.04%
- October 21, 202617°
- BIST10011,577-1.87%
- USD49.58+0.05%
- EUR55.62+0.09%
- GOLD4,154.50+0.29%
- INTEREST37.00%-1.00
- BITCOIN84,636+2.04%
- October 21, 202617°
BIST 100 closes at 11,577 after 1.87% drop on Borsa İstanbul
The BIST 100 index on Borsa İstanbul ended the day at 11,577.12 points, down 1.87%; markets turned their attention to the Central Bank’s interest rate decision due tomorrow.
The BIST 100 index on Borsa İstanbul closed at 11,577.12 points on Wednesday, down 220.5 points, or 1.87%, from the previous close. The index reached a low of 11,565.56 points and a high of 11,780.89 points during the day.
Total trading volume amounted to 85.9 billion Turkish liras. The banking index fell 1.38%, while the holding companies index declined 2.92%. During the day, 95 stocks in the index fell, while only three rose.
All sector indices ended the day lower. The insurance index recorded the biggest loss, falling 6.02%.
Analysts said markets would follow the Central Bank of the Republic of Türkiye’s interest rate decision tomorrow. Economists participating in AA Finans’ expectations survey expect the central bank to cut its policy rate by 100 basis points to 36%.
Technically, 11,500 and 11,400 points are being monitored as support levels for the BIST 100 index, while 11,700 and 11,800 points are seen as resistance levels.
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