BIST 100 Breaks 13,800 Resistance as Tech Sectors Lead the Rally

BIST 100 index surged by 277.39 points, closing near the 13,800 resistance level.

Tech Titans Propel the Rally

The Information Technology sector led gains with a 5.74% increase, while the Food & Beverage sector lagged at ‑0.81%.

Banking & Holding Sectors Rally

■Banking index rose 2.16%.

■Holding index climbed 2.11%.

Global Markets Ease on Geopolitical Tension

Expectations of a diplomatic breakthrough in the Strait of Hormuz are easing oil prices, while robust corporate balance sheets bolster risk appetite.

U.S. Labor Market Cooling and Fed Outlook

A decline in non‑farm payrolls signals a modest cooling in the U.S. labor market, shaping expectations around the Fed’s monetary policy.

Technical Analysis: Resistance and Support

BIST 100 faces resistance between 13,800 and 13,900, with support at 13,600 and 13,500.

Upcoming Data Calendar

Domestic data remains calm, while abroad analysts will focus on PMI and ADP private‑sector employment releases.

Fatih Kılıç: The day’s rally in BIST 100 reflects the strong performance of tech sectors combined with a global easing of geopolitical risk. Technically, the 13,800‑13,900 range acts as a ceiling for further upside, while the 13,600‑13,500 support provides a buffer against pullbacks. In this context, short‑term volatility is expected, but medium‑term growth prospects in digital sectors remain attractive for investors.