Historic High at Borsa Istanbul: BIST 100 Index Tests 14,400 Points

Strong Opening for the BIST 100 Index Borsa Istanbul's BIST 100 index started the week with strong momentum, reaching its highest level of all time.
Following the opening, the index surpassed the 14,400-point threshold, renewing its historic peak amid sustained buying interest.
Fed Optimism in Global Markets Risk appetite in global markets increased as inflation data released in the United States came in below expectations.
Strengthening forecasts that the U.S.
Federal Reserve (Fed) will implement interest rate cuts continue to support markets, despite valuation concerns regarding technology and artificial intelligence stocks.
Trading volumes worldwide remain low today as markets in the United States, China, and South Korea are closed for holidays.
Data to Watch and Technical Levels Analysts noted that U.S.
growth data, Purchasing Managers' Index (PMI) figures, and the Federal Open Market Committee (FOMC) meeting minutes will be the primary focus for markets this week.
Domestically, the budget balance will be monitored, while Eurozone industrial production data will be closely followed by international investors.
From a technical perspective, the 14,400-point level serves as resistance for the BIST 100 index, while the 14,000 and 13,900-point levels are positioned as support.