The BIST 100 index at Borsa İstanbul began the new trading day with limited gains. At the opening, the index rose by 10.48 points, or 0.09 percent, to reach 12,161.15 points.
The BIST 100 index, which followed a sell-heavy trend yesterday, closed the day with a 0.94 percent loss at 12,150.67 points. In today's opening, the banking index gained 0.41 percent, while the holding index fell by 0.31 percent.
Among sector indices, the strongest rise was seen in the sports index with 0.57 percent. The highest loss was experienced in the financial leasing and factoring index, which fell by 4.73 percent.
In global markets, a mixed outlook prevails due to the impact of rising geopolitical tensions in the Middle East and losses in technology stocks.
Analysts state that balance of payments statistics will be monitored domestically today, while ADP weekly private sector employment and existing home sales data will be tracked in the US. From a technical perspective, 12,300 and 12,400 points are being monitored as resistance levels for the BIST 100 index, while 12,000 and 11,900 points are being followed as support levels.
Economists participating in the AA Finance Balance of Payments Expectation Survey expect the current account to post a surplus of 3 billion 502.9 million dollars in August. The economists' year-end current account deficit forecast stands at 48 billion dollars.
News Source: 12punto
