Business · Markets · 10 hrs ago

Turkey's BIST 100 ends nearly unchanged

Turkey's BIST 100 ends nearly unchanged

Turkey's BIST 100 finished almost unchanged, slipping 0.92 points from its previous close.

The day's trading volume was 90.7 billion lira, while bank and holding shares fell.

Metal goods and machinery shares gained the most among sectors, while insurance shares lost the most.

Global markets rose as diplomatic efforts to end Middle East conflicts and falling oil prices supported sentiment.

Investors were also watching for the US Federal Reserve's rate decision and results from major technology companies.

On the next day, investors were due to follow Turkey's trade balance and services producer prices, as well as the Fed decision and its chair's news conference; analysts identified 11,300 and 11,400 points as resistance levels for the BIST 100, and 11,000 and 10,900 as support.

1 source

Related