Borsa Istanbul Starts the Day with a Decline: BIST 100 Index at 13,782 Points

The BIST 100 index at Borsa Istanbul opened the day down 0.16% at 13,782.50 points amid global geopolitical tensions. While the tourism index rose, the holding index recorded the largest decline among sectors.

Borsa Istanbul Starts the Day with a Decline: BIST 100 Index at 13,782 Points

Opening Market Data The BIST 100 index at Borsa Istanbul began the new trading day at 13,782.50 points, losing 21.71 points or 0.16% compared to the previous close.
This follows a sharp decline on the previous day, where the index ended with a 3.20% drop at 13,804.21 points.
Sectoral Performance and Divergence Sectoral indices showed mixed performance at the opening.
The banking index recorded a limited increase of 0.06%, while the holding index lost 1.22% in value.
Among the sector indices, tourism was the top gainer with a 1.35% increase, whereas the holding sector was the biggest decliner.
Statements from US President Donald Trump regarding the necessity of a comprehensive agreement with Iran, along with warnings of consequences otherwise, have increased the cautious stance in markets.
This situation has suppressed recovery efforts in equities and reduced overall risk appetite.
Data to Watch and Technical Levels 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 focus remains on US growth data, the Personal Consumption Expenditures (PCE) price index, global manufacturing and service sector PMI data, and Germany's Producer Price Index (PPI).
From a technical perspective, the 13,600 and 13,500 point levels for the BIST 100 index are considered support, while the 13,900 and 14,000 point levels are viewed as resistance.

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