Reaction buying following the sharp selling pressure experienced last week supported the index's positive course in the new week.
Global Risks and Domestic Recovery Global markets had a mixed start to the week, influenced by the US Supreme Court's decision regarding customs tariffs and geopolitical tensions between the US and Iran.
Domestically, Borsa Istanbul showed signs of recovery after recording its sharpest decline in the last two months on Thursday.
Sectoral Performance and Trading Volume The total trading volume in the first half of the day was recorded at 93.5 billion lira.
On a sectoral basis, the strongest performance came from the financial leasing and factoring group, which rose by 7.24%.
The banking index gained 2.25%, while the mining sector increased by 2.44%.
The holding index diverged negatively from other sectors with a limited loss of 0.17%.
Technical Levels and Expectations Analysts state that if the upward movement in the BIST 100 index continues, the 14,200 and 14,300 point levels will be monitored as resistance.
In the event of possible pullbacks, the 14,000 and 13,900 point levels stand out as critical support points.
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Borsa Istanbul Starts the Week with Gains: BIST 100 Index Surpasses 14,000 Points
Despite geopolitical uncertainties in global markets, Borsa Istanbul gained 1.03% in the first half of the day, rising to 14,077.93 points.
Sources
- Borsanın Gündemi · baglanti