BIST 100 Climbs 331 Points: A Day of Market Momentum

BIST 100 index rose 331 points from the previous close to 14,650, with total trading volume recorded at 199.1 billion lira.

Mining vs. IT: A Sectoral Tug of War

■Mining index surged by 4.45%, topping the gains.

■IT index fell by 4.42%, leading the losses.

■Banking index rose 2.50%, while the holding index gained 1.38%.

Global Outlook: Treasury Buy‑backs and Fed Minutes

■The U.S. Treasury will increase long‑term bond buy‑backs to support liquidity.

■Falling yields are expected, while investors focus on the Fed meeting minutes and Strait of Hormuz developments.

Technical Lines: Support and Resistance Levels

■14,600 and 14,700 points identified as resistance.

■14,300 and 14,200 points marked as support.

Weekly Data Calendar: Turkey and Global

■In Turkey: External debt statistics, international investment positions, money and banking statistics.

■Worldwide: China 1‑ and 5‑year credit rates, Germany PPI, U.S. Philadelphia Fed manufacturing index.

Markets, buoyed by U.S. Treasury buy‑backs and Fed minutes, are poised for short‑term risk appetite, yet the pressure above key resistance levels keeps BIST 100’s trajectory uncertain.