Borsa Istanbul tests 8100 points

Borsa Istanbul continues to hold above the 8100-point mark. Experts state that the 8100-point level should be monitored for the continuation of the upward trend, while the 7900 level should be watched for downward movement.

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While Borsa Istanbul continues to remain above the 8000-point mark, it tested above the 8100-point level, which experts have identified as a key threshold for the continuation of the rise.

EXPERTS WEIGH IN

As Borsa Istanbul continues to hold above 8000 points, experts note that the 8100-point level will be monitored for the continuation of the upward trend in the index, while the 7900 level will be watched for any downward movement.

RISE IN BIST

The BIST 100 index began the day with a 1.14 percent gain at 8101 points, and as of 10:37 AM, it was trading at 8137 points, up 1.58 percent.

At the opening, the banking index recorded a 1.25 percent increase and the holding index rose by 0.89 percent; at this moment, they are up 1.06 percent and 1.31 percent, respectively.

From a technical perspective, the 8200 and 8300 levels serve as resistance for the BIST 100 index, while the 8060 and 8000-point levels act as support.

Yesterday, the Borsa Istanbul 100 index followed a volatile course and closed the day at 8010 points, with a gain of 0.17 percent.

News Source: 12punto