In the Kovid-19 epidemic, while the number of cases that reached record levels worldwide increased the concerns, a low volume and mixed outlook is followed in the stock markets, as most investors combine Christmas and New Year's holidays in the last trading days of the year.
While the news flow regarding the Omicron variant was in the focus of investors, the average 7-day number of cases in the USA rose to 252 thousand per day, breaking a record. It has been reported that more than 60 percent of the Kovid-19 cases in the country in the last week are composed of the Omicron variant.
However, the studies on the Omicron variant, the expectations that the disease will be overcome more easily and that it will not overload the health system, are eroding the negative impact of the data on the markets. The continuation of the crisis brings along the concern that tensions may rise in the region, while US President Joe Biden and Russian President Vladimir Putin are scheduled to hold a phone call today. It rose 5 to $97.8 billion, reaching an all-time high.
After these developments and the session with low volume, the Dow Jones index in the New York stock market closed at a record level with an increase of 0.25 percent and the S&P 500 index by 0.14 percent, while the Nasdaq index decreased by 0.10 percent. Futures contracts in the USA are following a horizontal course today. The increase in the measures taken day by day due to concerns about the Omicron variant on the European side continues to put pressure on the stock markets. DAX 30 index depreciated by 0.70 percent in Italy, FTSE MIB 30 index depreciated by 0.37 percent in Italy and CAC 40 index depreciated by 0.27 percent in France. Euro/dollar parity decreased from 30 November with 1.1370 yesterday. It is trading at 1.1330, down 0.2 percent from the previous close on the new day after testing its highest level since the previous day.
Futures contracts of European indices also started the new day with a mixed outlook. While the news flow that more steps will be taken to support the economy and the cuts in some personal income taxes will be extended feeds the risk appetite, the zero tolerance policy in the Kovid-19 outbreak has led to the upward trend in the stock markets. Today, while the Nikkei 225 index depreciated by 0.10 percent in Japan and the Kospi index in South Korea by 0.40 percent near the closing, the Shanghai composite index in China was 0.50 percent, and the Hang Seng index in Hong Kong was 0.50 percent. 0.40 and the S&P ASX 200 in Australia rose 0.05 percent.
Despite the concerns about the Omicron variant, the volatile course in the stock markets, where the trading volume is low due to the investors who combined the Christmas and New Year holidays abroad, will continue until the end of the week. Stating that housing price index, weekly jobless applications in the USA and Chicago Purchasing Managers Index (PMI) data will be followed in Turkey, analysts noted that technically, 1.940 level is resistance and 1.840 points is support in the BIST 100 index. Data to be followed in the markets today is as follows: 10.00 Turkey , december economic confidence index10.00 UK, december house price index14.30 Turkey, weekly money and bank statistics16.30 US, weekly jobless claims17.45 US, december Chicago PMI
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