Economy
BIST 100 Decline: AI Concerns and Monetary Policy Expectations Shaking Markets
724FinanceZeynep Kaya
The BIST 100 index dropped by 1.90% to close at 13,981.05, with total trading volume reaching 16.64 billion TRY.
Banking and Holding Sectors Continue Decline The banking index fell by 1.91%, while the holding index lost 0.76%.
Sector Performance: Textile Surges, Financial Leasing Facing Heavy Losses The textile sector led gains at 1.46%, while financial leasing factoring saw the steepest decline at 9.22%.
Global Markets Show Negative Trend Amid Middle East Developments and AI Concerns Global markets are under pressure due to Middle East tensions and renewed concerns over the sustainability of AI investments.
Key Events Next Week: TCMB Rate Decision, Moody’s Credit Rating, and ECB Policy Awaited The Turkish Central Bank’s monetary policy decision, Moody’s credit rating assessment, and the European Central Bank’s rate decision are among the key events to watch next week.
Technical Analysis Support levels at 13,900 and 13,800, resistance at 14,100 and 14,200 for the BIST 100 index.
Markets are interpreting this decline as a reflection of both Middle East geopolitical risks and growing caution in the AI sector. The uncertain global macroeconomic environment may further fuel investor risk aversion. The outcome of Turkey’s monetary policy decision alongside Moody’s rating could shape market movements in the coming weeks.