Economy in Turkey: “How did the stock market start the day on January 5, 2024?

The Istanbul Stock Exchange entered the year 2024 with high motivation, it seems. At least for now, the index appears to be on an upward trend.

On the Borsa Istanbul, the BIST 100 index started the day with a 0.29% increase at 7,570.05 points.

Since the appointment of ‘market-favored’ Mehmet Şimşek and Hafize Gaye Erkan to the economic management, the stock market has been in positive territory. However, the index has been fluctuating since the Israel-Hamas conflict.

Closing yesterday at 7,547.84 points with an increase, the Istanbul Stock Exchange started the day at 7,570.05 points.”