While maintaining the highest daily volumes of all time, the BIST 100 establishment in Borsa Istanbul completed the day at 4,962.48 points with a 0.80 percent gain.
While the BIST 100 establishment increased 39.25 points compared to the previous school, the total transaction volume stood at TL 109.5 billion.

Banking labor decreased by 0.05 percent and holding labor by 1.15 percent.

Among the sector indices, transportation was the highest earner with 4.29 percent, and the most declining was communication with 2.06 percent.

Analysts stated that the global stock markets generally followed a volatile course as the Chinese government lifted the funding restriction from the stock markets, which has been an observer for the construction industry since 2009.

Analysts said that the verbal guidance of the US Federal Reserve (Fed) institutions are also closely watched, and that the December meeting of the Bank, with the forecasts aimed at resisting the sky, maintained its weight with 68 percent, even though the path to a 50 basis point rate hike continued.

Investors’ eyes on the Fed

Stating that the “Beige Book” report to be published by the Fed and the statements of Fed Chairman Jerome Powell will be at the center of the markets, analysts said on the half-year data that growth in the country, growth in the USA abroad, distribution in the Euro Zone, service sector and manufacturing in China. stated that the industrial Purchasing Managers Index (PMI) will go forward.

Analysts noted the 5,000 resistance in the technical expansion BIST 100 support state, at the position of 4,900 and 4,870 points.

Economists participating in the expectations survey of AA Finans predict that the Gross Domestic Product (GDP) will increase by 3.9 percent in the third quarter.

The average growth forecast of economists for the whole of 2022 was 5.2 percent.

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