BIST 100 Starts Day with Decline Amid Geopolitical Tensions and Key Economic Data

Borsa Istanbul's BIST 100 index opened the final trading day of the week down 0.16% at 13,782.50 points, driven by escalating US-Iran tensions and global market risks.

BIST 100 Starts Day with Decline Amid Geopolitical Tensions and Key Economic Data

Opening Figures for the BIST 100 Index Borsa Istanbul's BIST 100 index began the last trading day of the week at 13,782.50 points, marking a decrease of 21.71 points or 0.16% compared to the previous close.
The index continues to face pressure from profit-taking and external risks after reaching an all-time high of 14,343.11 points on December 16.
Sectoral Outlook and Divergences A mixed performance was observed among sector indices at the start of the new day.
While the banking index gained 0.06%, the holding index started the day with a 1.22% loss.
Among the sector indices, tourism was the top gainer with a 1.35% increase, while the holding sector recorded the most significant decline.
President Donald Trump's statement emphasizing the need for a comprehensive agreement with Iran and indicating that the process would become clear within 10 days has increased risk perception in the markets.
These remarks have suppressed recovery efforts in equities, pushing investors toward a cautious stance.
Focus on Critical Economic Data Analysts noted that domestic data to be monitored today includes the international investment position, real sector confidence index, and manufacturing industry capacity utilization rate.
Internationally, the markets are focused on U.S.
growth figures, the Personal Consumption Expenditures (PCE) price index, and Purchasing Managers' Index (PMI) data to be released globally.
From a technical perspective, the 13,600 and 13,500 levels are being monitored as support for the BIST 100 index, while the 13,900 and 14,000 point levels serve as resistance.

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