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What happened on Istanbul Stock Exchange on November 23?

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On November 23rd, the BIST 100 index gained 0.62% in the first half of the day, reaching 8,036.44 points. The BIST 100 index showed an upward trend in the first half and, as of 1:00 PM, increased by 49.41 points to 8,036.44 points compared to the previous closing.

The total trading volume was 37.4 billion Turkish lira. The banking index gained 1.44%, and the holding index gained 0.49%. Among the sector indices, insurance had the highest increase with 4.19%, while mining had the highest decrease with 0.74%.

However, the BIST 100 index ended the day with a 1.11% loss, closing at 7,898.59 points.

The market has been experiencing volatility due to the Israel-Hamas conflict despite the stock market being at higher levels since the appointment of the economic management team led by ‘market-favored’ Mehmet Şimşek and Hafize Gaye Erkan.

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