BIST 100 Surges Amid Sectoral Shifts and Economic Forecasts

The BIST 100 index rose by 215.75 points, marking a 1.58% increase from the previous close, with total trading volume reaching 185.4 billion liras. While the banking sector index declined by 1.07%, the holding index gained 1.78%.

Tourism Sector Leads Short-Term Gains

Among sectoral indices, tourism emerged as the top performer with a 4.32% rise, driven by easing geopolitical tensions and optimism in semiconductor-related stocks. The sector's momentum reflects broader risk appetite trends in global markets.

Economic Outlook and Key Indicators

■AA Financial's Payment Balance Survey predicts a $1.1275 billion deficit in the current account for May.

■Annual current account deficit is projected to reach $52.255 billion.

■Upcoming U.S. inflation, retail sales, and Chinese GDP data will be critical for market direction.

Technical Levels and Market Dynamics

Analysts highlight 14,400 and 14,500 as key resistance levels, while 14,200 and 14,100 serve as support zones. Elevated trading volumes, particularly in tech stocks, align with these technical frameworks.

Markets may maintain stability amid reduced geopolitical risks and sector rotation, though external shocks and political uncertainties could reintroduce volatility in the near term.