Breaking
TREuroLeague Super Cup excitement begins in Abu DhabiRUThe State Duma explained the Ukrainian Armed Forces' strikes on the oil refinery as an attempt to cause discontent among RussiansDEBGL warns of a threat to existence due to massive diesel price increasesTRHeavy rains and floods in Spain: 1 person killedINTLGerman Chancellor Friedrich Merz Faces Growing Pressure Amid Low Polls and State Election LossesPLTrump criticizes the EU's plans for Canada. He threatened "very heavy tariffs"TRNew detentions in the investigation into the death of Kaşif KozinoğluFRAdditional investigation implicates Laurent Nuñez in the dissemination of false information about Rima HassanARNargis Mohammadi: smuggling the writings of Evin prison and exposing violations in new diariesTRSpace control weapons verification from the USA: Reaction from Russia and ChinaTREuroLeague Super Cup excitement begins in Abu DhabiRUThe State Duma explained the Ukrainian Armed Forces' strikes on the oil refinery as an attempt to cause discontent among RussiansDEBGL warns of a threat to existence due to massive diesel price increasesTRHeavy rains and floods in Spain: 1 person killedINTLGerman Chancellor Friedrich Merz Faces Growing Pressure Amid Low Polls and State Election LossesPLTrump criticizes the EU's plans for Canada. He threatened "very heavy tariffs"TRNew detentions in the investigation into the death of Kaşif KozinoğluFRAdditional investigation implicates Laurent Nuñez in the dissemination of false information about Rima HassanARNargis Mohammadi: smuggling the writings of Evin prison and exposing violations in new diariesTRSpace control weapons verification from the USA: Reaction from Russia and China
BackBorsa Istanbul started the day with a decline
Borsa Istanbul started the day with a decline
NEWS
AA Güncel56 minutes agoBusiness1 min readTürkiyeView original

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.

Font size

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?

Related Topics

This article was originally published by AA Güncel.

Related Stories

More on this topicstock market istanbul