BORSA ISTANBUL SETS NEW RECORD, HITTING ABOVE 100,000 POINTS

Detayhaber / 15.06.2017

Turkey’s benchmark index opened the day on June 13 with a new record, rising to a key threshold at 100,000 points, amid a strong inflow into emerging markets.

Borsa Istanbul’s BIST 100 index has not risen past 100,000 points before.

The index regressed to 99,135 points later in the day.

Turkey’s recovering economic indicators have also backed the rising trend in the BIST 100 index, according to analysts.

“We have been affected by a strong money flock into emerging markets. A number of key domestic data [sets] has also supported the trend. Turkey’s first-quarter GDP data showed that domestic demand has revived. This trend will likely continue in the second quarter,” Yatırım Finansman Research Director Akif Daşıran said, as quoted by Reuters

DETAY HABER
15.06.2017

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