BIST 100 Climbs 164.72 Points: Eyes on TCMB Decision

The BIST 100 index rose 164.72 points from the previous close, settling at 14,464.44, with total trading volume reaching 19.3 billion Turkish Lira. The banking index gained 0.08%, while the holding index increased by 1.45%. Among sector indices, financial leasing and factoring led with a 2.46% gain, while textiles and leather suffered the most with a 2.62% loss. Global markets displayed a mixed outlook ahead of major tech company earnings, amid rising geopolitical risks and surging oil prices. Investor focus remains on corporate earnings, the ECB's interest rate decision, and ECB President Christine Lagarde's remarks. Domestically, the BIST 100 followed European markets' positive trend, with analysts anticipating TCMB's Monetary Policy Committee (MPC) decision. Tomorrow's key economic data includes Turkey's consumer confidence index, TCMB's interest rate decision, and weekly money and banking statistics, while abroad, the ECB's rate decision and Eurozone consumer confidence index will be monitored. Technical analysis highlights resistance levels at 14,300 and 14,400 points, and support at 14,000 and 13,900 points for the BIST 100 index.