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Strong Opening for the BIST 100 Index Borsa Istanbul's BIST 100 index began the first trading day of the week at 14,092.16 points, gaining 158.10 points or 1.13% compared to the previous close.
The positive momentum in the market continues in the early transactions of the new day.
Sectoral Performance and the Mining Industry During the opening session, the banking index rose by 1.40%, while the holding index gained 1.01%.
While all sector indices started the day in positive territory, the mining sector led the gains with an increase of 2.44%.
Global Developments and Trade Policies Global markets started the week with uncertainty following the U.S.
Supreme Court's ruling that certain customs tariffs were unlawful, alongside concerns over potential escalations in U.S.-Iran tensions.
Following the court decision, U.S.
President Donald Trump signed a decision to impose a 10% global tariff on all countries under the 1974 Trade Act and announced plans to increase this rate to 15%, reducing predictability regarding trade policies.
Expectations and Technical Levels Analysts noted a quiet domestic data agenda for today.
Internationally, market participants will monitor durable goods orders and factory orders in the U.S., as well as a speech by European Central Bank (ECB) President Christine Lagarde.
From a technical perspective, the following levels are being monitored for the BIST 100 index: Resistance Levels: 14,100 and 14,200 points Support Levels: 13,800 and 13,700 points
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BIST 100 Index Starts the Week Higher: Positive Trend Led by Mining Sector
The BIST 100 index at Borsa Istanbul opened the week with a 1.13% gain, reaching 14,092.16 points and diverging positively from global markets. The mining sector emerged as the top performer during the opening session.
