The BIST 100 index in Borsa Istanbul started the day with a 0.18% increase, opening at 9,019 points. At the opening, the BIST 100 index rose by 16.26 points and 0.18% to reach 9,018.59 points compared to the previous closing. The banking index gained 0.14% and the holding index increased by 0.18%. Among the sector indices, investment trust had the highest gain with 1.51%, while insurance had the most loss with 0.23%. Following a mostly upward trend yesterday, the BIST 100 index ended the day with a 0.52% increase at 9,002.34 points. Global markets are showing a positive trend due to the increased risk appetite following macroeconomic data released in the U.S. and the interest rate cut decision by the European Central Bank (ECB). On the other hand, the Monetary Policy Committee of the Central Bank of the Republic of Turkey (CBRT) kept the policy rate, the one-week repo auction interest rate, unchanged at 15%. The uncertainty regarding the pace of improvement in inflation has increased with recent data, while indicators for the third quarter suggest that domestic demand continues to slow down, approaching supportive levels for decreasing inflation. Analysts mentioned that today, the international investment position domestically and the current account balance in the Eurozone and building permits and housing starts data in the U.S. will be monitored closely. They noted that from a technical perspective, the resistance levels for the BIST 100 index are at 9,100 and 9,200, while the support levels are at 8,850 and 8,710 points.
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