Istanbul Stock Market completes the day with a decline on January 9, 2024
The BIST 100 index on the Borsa Istanbul concluded the day with a loss of 1.06%, closing at 7,736.26 points. The BIST 100 index decreased by 82.63 points compared to the previous closing, with a total trading volume of 98.6 billion Turkish liras.
While the banking index gained 0.07% in value, the holding index experienced a loss of 1.12%. Among the sector indices, sports showed the highest gain with 4.19%, while the food and beverage sector recorded the most significant decline with 3.07%.
According to reports, analysts mentioned that negative trends were observed in global equity markets due to uncertainties regarding the future monetary policy steps of the U.S. Federal Reserve. From a technical perspective, analysts noted that 7,700 points serve as support for the BIST 100 index, with resistance levels at 7,900 and 8,000.
