Istanbul Stock Market On Rise

Istanbul Stock Market (BIST) started the day with a 0,25 percent increase and is traded above 76.000 points.

Istanbul Stock Market 100 index started the day with 76.805 points by 0,25 percent increase. The index was traded on 76.812 points by the hour 12:17.

Istanbul Stock Market 100 index had also started the day with escalation yesterday. After hitting its highest record of 3,6050; BIST index closed the day with declining 1,46 percent. This decline was caused by the unexpected high rates of inflation in 2016 and increasing demand for USD in the international market.

The analysts stated that the 13-14 December 2016 proceedings from the Federal Open Market Committee (FOMC) meeting, real effective exchange rate and Eurozone inflation data would affect the market.

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