Geopolitical Tensions and Rising Oil Prices Hit Borsa Istanbul: Sharp Decline in BIST 100

Geopolitical Risks and the Energy Market Escalating tensions between the United States and Iran have increased concerns over global energy supplies, leading to a cautious stance in the markets.
Statements from the U.S.
administration and military movements in the region have put supply security in the Strait of Hormuz at risk, pushing Brent crude oil prices above $72 per barrel, nearing a seven-month high.
Oil prices have recorded an 18% increase since the beginning of the year, while planned military exercises in the region continue to fuel market anxiety.
The Tokyo stock exchange lost 1.2% in value, and losses were also seen on the Hong Kong stock exchange as it reopened after a holiday.
As investors sought safe havens, commodity prices were closely monitored, and U.S.
10-year bond yields stabilized around 4.06%.
Borsa Istanbul and Macroeconomic Indicators Turkey's position as an energy importer and the increasing risks of regional conflict intensified selling pressure in local markets.
The BIST 100 index closed the day with a 3.2% decline, while the banking index saw a drop of 4.4%.
Turkey's 5-year CDS risk premium rose to 228 basis points, testing the highest levels of the year.
Foreign Investor Inflows Continue Despite short-term fluctuations in the markets, foreign investors' interest in Turkish assets remains intact.
According to Central Bank of the Republic of Turkey (CBRT) data, a total of $3 billion in inflows into stocks and government bonds occurred during the week ending February 13.
The total net inflow over the last seven weeks has reached $13 billion, with the majority of these investments reportedly concentrated in government domestic debt securities.