Borsa Istanbul started the day with a decline
BIST 100 index decreased to 12,948.83 points at the opening
Quick Look
- BIST 100 index at Borsa Istanbul started the day at 12,948.83 points, with a decrease of 1.32 percent.
- Analysts stated that the domestic and international data agenda will be followed.
AI-generated summary
Why It Matters
BIST 100 index in Borsa Istanbul, which was predominantly sales yesterday, finished the day losing value.
BIST 100 index at Borsa Istanbul, which followed a sales-oriented trend yesterday, finished the day at 13,122.58 points, losing 5.54 percent of its value.
The index dropped to 12,948.83 points at the opening today, with a decrease of 173.74 points and 1.32 percent compared to the previous closing. While the banking index increased by 0.34 percent, the holding index lost 2.96 percent.
Among the sector indices, the one that gained the most was transportation with 0.55 percent, and the one that decreased the most was financial leasing factoring with 9.50 percent.
While the interest rate decision of the US Federal Reserve (Fed) continues to be decisive on the direction of global markets, the selling pressure seen in the New York stock exchange yesterday following the bank's interest rate increase has been replaced by a more optimistic outlook, especially in the futures markets.
Analysts stated that today, housing sales, short-term external debt statistics, the Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) meeting summary and weekly money and bank statistics will be followed domestically, and abroad, the intense data agenda, especially inflation in the Eurozone and the interest rate decision of the Bank of England (BoE), will be followed. Technically, 12,800 and 12,700 points in the BIST 100 index will be support, 13,100 and 13,200 points will be followed. He noted that the point is in a resistance position.
Open Questions
- Will the index be able to compensate for its losses?



