The positive trend continues in the stock market. The BIST 100 index started the day with a 0.80% increase at 10,269.90 points. In Borsa Istanbul, the BIST 100 index started the day with a 0.80% increase at 10,269.90 points. At the opening, the BIST 100 index rose to 10,269.90 points with an increase of 81.05 points and 0.80% compared to the previous closing. The banking index gained 0.77%, while the holding index increased by 0.61%. Among the sector indices, financial leasing factoring was the highest gainer with 5.75%, while forest paper printing was the biggest loser with 0.21%. In the domestic market, the BIST 100 index, which followed a buying-weighted trend yesterday, closed the day at 10,188.85 points, gaining 2.94%. Global markets showed a positive trend following the easing tension due to exemption announcements after the US tariff steps, while attention in the local market turned to the interest rate decision that the Central Bank of the Republic of Turkey (CBRT) will announce today. Economists expect CBRT to reduce its policy rate by 250 basis points to 42.5% in March. The median expectation for the end-of-year policy rate among economists was 30%. On the other hand, Borsa Istanbul announced that the upward tick rule in margin trading transactions for shares listed on the BIST 50 index will continue today. Analysts stated that today, in the domestic market, besides CBRT’s interest rate decision, weekly money and banking statistics will be monitored, while in the foreign market, the interest rate decision of the European Central Bank (ECB) in the Eurozone and weekly jobless claims and trade balance in the US will be followed, noting that technically, the resistance levels for the BIST 100 index are at 10,300 and 10,450 points, with support levels at 10,200 and 10,000.
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