BIST 100 Slides Amid Mevlit Kandili Celebrations and Global Tensions

The BIST 100 slipped by 13.33 points, closing the day in the shadow of Mevlit Kandili celebrations.

Index Decline: Numbers and Sector Dynamics

■BIST 100 fell 13.33 points.

■Total trading volume reached 206 billion TRY.

■Banking index rose +2.74%.

■Holding index slipped ‑0.90%.

■Information technology sector led losses with ‑4.32%.

Global Shadow: US‑Iran Sanctions and Tech Sell‑off

■Uncertainty over new US sanctions on Iran is tightening risk appetite.

■Continued selling pressure in technology stocks is amplifying market weakness.

Data Calendar: What to Watch Tomorrow

■Domestic data flow in Turkey is expected to be quiet.

■Key overseas releases: US Housing Price Index, New York Fed Consumer Confidence, and Germany Growth figures.

■Market participants view these releases as potential volatility catalysts.

Technical Framework: Support and Resistance Zones

■Support levels: 14,400 and 14,300.

■Resistance levels: 14,600 and 14,700.

Markets may weather short‑term turbulence as long as technical floors hold, but the overlay of US‑Iran geopolitical risk and tech sector weakness could push risk premia higher.