BIST 100 Slides Below 13,300 as Day Ends in Red

BIST 100 slipped 47.56 points by the close, falling below the 13,300 mark.

Istanbul Stock Exchange’s End‑Of‑Day Decline

■Total trading volume reached TRY 174.8 bn.

■The index posted a 0.36% drop from the previous close.

■The Banking index rose 3%, the only sector to post gains.

Sector Winners and Losers

■Communication sector led the rally with a 4.34% gain.

■Financial Leasing & Factoring suffered the steepest loss at 4.71%.

■Holding index climbed 1.10%.

Global Dynamics Shaping Local Markets

■Renewed diplomatic talks between the US and Iran are expected to lower Middle‑East risk premiums, triggering a sharp oil price decline.

■A pull‑back in US Treasury yields has briefly revived risk appetite.

■Investor focus remains on AI investment return risk and intense balance‑sheet pressures.

Technical Outlook and Key Data to Watch

■Critical support for BIST 100 sits at 13,300 and 13,200.

■Resistance levels are set at 13,600 and 13,700.

■Tomorrow’s watchlist includes domestic real effective exchange rate, US trade balance, JOLTS job openings, and durable goods orders.

Markets are likely to see the short‑term boost from regional geopolitical easing fade quickly, while domestic balance‑sheet constraints and AI project uncertainties keep volatility elevated. Technically, a breach of the 13,300/13,200 support could spark a broader sell‑off; conversely, progress in US‑Iran talks and a softer risk premium may offer a fleeting bounce. – Seda Çetin, Market Pricing and Data Terminal Manager