The stock market started the day with a decline

BIST 100 index at Borsa Istanbul, which followed a buying-oriented trend yesterday, closed the day at 10,961.67 points, gaining 1.88 percent in value.

The index dropped to 10,921.12 points at the opening today, with a decrease of 40.56 points and 0.37 percent compared to the previous closing. The banking index lost 0.68 percent and the holding index lost 0.33 percent.

Among the sector indices, the biggest gainer was insurance with 0.36 percent, and the biggest decrease was financial leasing factoring with 4.06 percent.

Global markets are following a mixed course, as political uncertainties brought about by the election process in the US and concerns about the financing of artificial intelligence investments overshadow optimism about diplomatic progress in the Middle East.

The election process in the USA, developments in the Middle East axis and continuing doubts about artificial intelligence spending continue to have an impact on asset prices. While investors question the sustainability of large investments made in the field of artificial intelligence, question marks remain regarding when these expenditures will contribute to the income and profitability of companies.

Analysts stated that inflation data in the country and the number of open jobs in the USA, factory orders and durable goods orders will be followed today, and noted that technically, 10,800 and 10,700 points in the BIST 100 index are in a support position, and 10,900 and 11,000 points are in a resistance position.

Economists participating in the AA Finance Inflation Expectations Survey estimate that the Consumer Price Index (CPI) will increase by 2.20 percent in October.