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The BIST 100 index at Borsa Istanbul increased by 0.93 percent in the first half of the day to 1.571.18 points.

Moving in an upward trend in the first half of the day, BIST 100 index increased by 14.41 points compared to the previous close as of 13:00 and reached the level of 1.571.18. The total transaction volume was 16.3 billion liras.

In the first half, the banking index gained 0.78 percent and the holding index gained 1.99 percent.

Among the industry indices, transportation was the highest earning with 2.55 percent, and sports the most with 2.13 percent.

The BIST 100 index, which started the day with a rise, carried the highest level it saw under the leadership of transportation stocks to 1.575.90 points.

Analysts said that despite the rise in the number of cases and deaths in the new type of coronavirus (Kovid-19) epidemic worldwide, Janet Yellen, who is expected to become the Treasury Minister in the USA, said that the risk appetite in global markets increased relatively.

On the other hand, analysts reminding that the financial results of the companies in the US for the fourth quarter were announced, and stated that the realizations in the balance sheets may have an impact on the direction of the markets.

Analysts stated that the domestic housing price index will be followed in the afternoon, and technically, the BIST 100 index is at 1.590 resistance and 1.500 is in support.

Source: AA

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