Geopolitical Pressure on Borsa Istanbul: BIST 100 Index Fluctuates Near 13,800 Level

Geopolitical Tensions Impact Markets The BIST 100 index at Borsa Istanbul began the final trading day of the week on a downward note, influenced by escalating geopolitical tensions between the United States and Iran.
Following a sharp decline of 3.20% yesterday, the index opened the new day at 13,782.50 points, a decrease of 0.16%.
Although the index initially turned upward due to reaction buying, reaching a daily high of 13,914.32 points with a gain of nearly 1%, it failed to maintain these levels and retreated back into negative territory.
The total trading volume in the market was recorded at 76.4 billion lira as investors maintain a cautious stance.
Sectoral Performance and Technical Levels Looking at sectoral indices, the banking index gained 0.46%, while the holding index saw a decline of 1.33%.
Among the standout sectors of the day, financial leasing and factoring rose by 2.92%, whereas investment trusts and holding companies were among the biggest losers.
From a technical perspective, analysts identify the 13,600 and 13,500 point levels as key support zones for the BIST 100 index.
On the upside, the 13,900 and 14,000 point levels are being monitored as significant resistance points.