The BIST 100 index in Borsa Istanbul ended the day gaining 2.37% to close at 9,109.34 points. Compared to the previous close, the BIST 100 index increased by 211.11 points, with a total trading volume of 78.3 billion lira. The banking index rose by 4.25%, while the holding index increased by 2.36%. Among sector indexes, insurance recorded the highest gain with 4.80%, while communication was the biggest loser with a 2.48% drop. According to the latest data, non-farm payrolls in the US increased by 254,000 people in September, exceeding expectations, and the unemployment rate dropped from 4.2% to 4.1%. Analysts noted that following the employment data release in the US, concerns about a recession decreased, optimism regarding a “soft landing” for the economy increased, and global risk appetite rose in the markets. Analysts also mentioned upcoming domestic economic indicators and surveys like the balance of payments, industrial production, and labor statistics as highlights for the next week. In the international arena, inflation data from the US and Germany, as well as the Federal Open Market Committee Meeting minutes, are expected to be closely watched. Analysts stated that the inflation data to be released in the US next week will be crucial in determining market direction. Resistance and support levels for the BIST 100 index were reported to be 9,200 and 9,300 as resistance levels, and 8,850 and 8,700 as support levels from a technical standpoint. Economists participating in the AA Finance Balance of Payments Expectations Survey estimated that the current account had a surplus of $3.956 billion in August. Their expectations for the current account deficit in 2024 ranged from $14 billion to $24 billion.