The stock market ended with a decline
BIST 100 index in
BIST 100 index decreased by 1.263.35 points compared to the previous close, while total transaction volume was realized as 6.8 billion TL. Banking index decreased by 2.05 percent and holding index fell by 1.26 percent. Mining industry was the main industry with 2.13 percent and the most declining metal with 2.87 percent.
The BIST 100 index in Borsa Istanbul was followed by 103,000-103,500 bands in the Istanbul Stock Exchange market, which was mainly driven by sales and foreign exchange rates.
Analysts say next week, inflation in the country, Central Bank of the Republic of Turkey (CBRT) interest rate decision, while abroad, the European Central Bank (ECB) and the interest rate decision will be announced, especially employment report in the US will be followed by data-intensive schedule, he said.
The trade negotiations between the US and China, the risks related to the Brexit and especially the financial system in Italy, as well as the tension between India and Pakistan will have an impact on the investor decisions. The analysts are technically the resistance zone of 105.000-105.500 bands in BIST 100 index and 102.500 points in support. reported as prominent.
Dolar / TL saw 5.40 levels
With the effect of US 10-year bond rates moving upwards, most currencies, especially the developing country currency, fell against the dollar. The dollar, which has risen to 5,4008 liras in parallel with the dollar that gained value in the global markets, could not exceed this level. The USD / TL traded at 5.3533 liras with a 0.83 percent premium at 18.15 compared to the previous close, while the euro / TL increased by 0.94 percent from 6,1392, with a 0,96% gain in sterling / TL of 7,1496. is being processed.
Analysts said the inflation and interest rate decision to be announced in the country next week will have an impact on the direction of the exchange and exchange rates.