Opening Figures for the BIST 100 Index Borsa Istanbul's BIST 100 index began the final trading day of the week at 13,782.50 points, losing 21.71 points or 0.16% compared to the previous close.
Investors displayed a cautious stance during the opening session as the index felt the impact of selling pressure in global markets.
Sectoral Divergence and Losses in the Holding Index Performance varied across sector indices at the opening.
While the banking index recorded a limited increase of 0.06%, the holding index started the day negatively, falling by 1.22%.
The tourism sector emerged as the top gainer with a 1.35% increase, while the holding group experienced the most significant losses.
Statements from US President Donald Trump regarding the need for a comprehensive deal with Iran, noting that the process would become clear within 10 days, have increased market uncertainty.
Investors are currently focused on US growth data and the Personal Consumption Expenditures (PCE) price index, which the Fed closely monitors as an inflation indicator.
Additionally, manufacturing and service sector PMI data worldwide, along with Germany's Producer Price Index (PPI), remain on the market's radar.
Domestic Data Flow and Technical Levels In the domestic market, data on the international investment position, real sector confidence index, and manufacturing industry capacity utilization rate will be monitored today.
Analysts indicate that technically, the 13,600 and 13,500 point levels serve as support for the BIST 100 index, while 13,900 and 14,000 points act as resistance levels.
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Borsa Istanbul Starts Final Trading Day of the Week with Limited Decline
The BIST 100 index opened the final trading day of the week down 0.16% at 13,782.50 points, as markets focused on US-Iran tensions and critical economic data.
Sources
- CNN Türk Finans · baglanti