The banking index increased by 0.18 percent and the holding index increased by 0.10 percent. Among the sector indices, mining was the highest earner with 4.30 percent, while the only losing one was trade with 0.06 percent.
Moving in a downward trend yesterday, the BIST 100 index lost 0.66 percent and closed the day at 5,059.35 points.
FED PROBLEM IN GLOBAL MARKETS
Analysts reported that global stock markets followed a mixed course as uncertainties regarding the future monetary policy of the US Federal Reserve (Fed) increased again.
Stating that both the macroeconomic data flow and the statements of the Fed officials in the USA make it difficult for asset prices to find direction, analysts said that the Fed’s 87 percent probability of raising the policy rate by 25 basis points in the meeting to be held next month is priced in the money markets.
On the other hand, the fact that the predictions for a 25 basis point interest rate increase in the July meeting, albeit with a low probability, are gaining strength day by day, raises question marks for investors.
Analysts stated that today, the housing price index in Turkey, the ZEW expectations index in Germany and the Eurozone abroad, and the housing starts and construction permits in the USA will be followed. noted that.