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

The BIST 100 index on Borsa Istanbul opened 0.16% lower at 13,782.50 points, driven by US-Iran tensions and global geopolitical risks.

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

Market Opening Data The BIST 100 index on Borsa Istanbul began the trading day at 13,782.50 points, representing a decrease of 21.71 points or 0.16% compared to the previous close.
On a sectoral basis, the banking index recorded a limited increase of 0.06% at the opening, while the holding index started the day negatively with a 1.22% decline.
Geopolitical Tensions in Global Markets Escalating tensions between the United States and Iran continue to suppress risk appetite in global markets.
Statements from US President Donald Trump regarding the need for a comprehensive agreement with Iran, and his indication that the process would become clear within 10 days, have led to a cautious wait-and-see approach among investors.
Data Agenda and Technical Levels Analysts state that global Manufacturing and Services Purchasing Managers' Index (PMI) data, along with Producer Price Index (PPI) figures from Germany, will be the focus of markets today.
According to technical analysis, the 13,600 and 13,500 levels are being monitored as support zones for the BIST 100 index, while the 13,900 and 14,000 point levels maintain their positions as resistance.

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