Selling Pressure in Borsa Istanbul: BIST 100 Index Opens Lower

Opening Losses in the BIST 100 Index Borsa Istanbul's BIST 100 index began the new trading day with a decline, influenced by uncertainties in global markets and geopolitical developments.
The index fell by 50.52 points compared to the previous close, facing selling pressure after yesterday's 0.92% gain.
The BIST 100 had completed the previous session at 14,061.71 points.
The banking index decreased by 0.40%, while the holding index saw a more significant drop of 1.63%.
Among the sectors, tourism was the top gainer with an increase of 0.84%, whereas the holding sector recorded the sharpest decline.
Global Uncertainties and Trade Policies Market risk appetite is being weighed down by U.S.
President Donald Trump’s firm stance on customs tariffs and uncertainties regarding trade policies.
Meanwhile, although statements from Iranian Deputy Foreign Minister Kazem Gharibabadi regarding nuclear weapons partially eased military risks, ongoing regional tensions continue to keep investors cautious.
Market Agenda and Technical Levels Analysts noted that domestic household and sector inflation expectations will be closely monitored.
Internationally, the focus is on the U.S.
house price index and upcoming statements from Bank of England (BoE) Governor Andrew Bailey and European Central Bank (ECB) President Christine Lagarde.
From a technical perspective, the following levels are being monitored for the BIST 100 index: Support levels: 13,900 and 13,800 points Resistance levels: 14,200 and 14,300 points News flow regarding geopolitical developments and global trade policies is expected to be the primary driver of short-term market direction.