How did the stock market close the day?

The BIST 100 index increased by 15.14 points compared to the previous close, with a total trading volume of 107.7 billion lira. The banking index gained 2.08 percent, and the holding index gained 1.41 percent.

Among sector indices, the sports sector was the top gainer with 2.36 percent, while the mining sector was the top loser with 5.39 percent.

Meanwhile, the dollar/TL exchange rate fell by 1.9 percent today to 31.7540, marking its lowest level since March 21.

While the holiday mood continues in global markets, eyes this week have turned to a busy data agenda, primarily the employment report to be released in the US.

Analysts stated that while the domestic data agenda will be quiet tomorrow, factory orders, durable goods orders, and JOLTS job openings in the US, as well as the manufacturing Purchasing Managers' Index (PMI) in Germany and the Eurozone, and inflation in Germany will be at the forefront abroad.

Noting that the 9,200 level stands out as resistance for the index contract from a technical perspective, analysts recorded that 8,900 and 8,750 points are in the support position.

News Source: 12punto