The stock market finished the day with a horizontal trend

While the BIST 100 index increased by 4.56 points compared to the previous closing, the total transaction volume reached 117.4 billion lira.

The banking index lost 0.23 percent and the holding index lost 0.67 percent.

Among the sector indices, the biggest gainer was chemicals, petroleum plastics with 3.25 percent, and the biggest loser was insurance with 2.61 percent.

While global markets were positive, led by technology stocks, following CoreWeave's strong financial results, the dollar index rose to its highest level in the last four weeks with expectations that the US Federal Reserve (Fed) will continue to increase interest rates.

Domestically, the BIST 100 index in Borsa Istanbul followed a horizontal course at the close, although it followed a positive course during the day with the support of purchases in technology and industrial stocks.

Meanwhile, Banking Regulation and Supervision Agency (BDDK) Chairman Şahap Kavcıoğlu stated that he wanted to be pardoned from his duty. Kavcıoğlu, in his statement on his social media account, said, "Upon the recent allegations regarding the BRSA and myself, I asked for forgiveness from our President Erdoğan in order to prevent further wear and tear on our Institution." he said.

Analysts stated that tomorrow, the Inflation Report of the Central Bank of the Republic of Turkey (CBRT) and weekly money and bank statistics will be followed in the country, and the intense data agenda will be followed abroad, especially the Producer Price Index (PPI) in Japan and growth in the UK. Analysts noted that technically, 11,800 and 11,900 points in the BIST 100 index are resistance, while 11,500 and 11,400 points are support.