BIST 100 Opens Up 0.24%, Closes Up 0.95% Amid Banking Rally

Turkey’s Borsa Istanbul opened higher, climbing 0.24% to 14,646.48 points, and closed the session up 0.95% at 14,610.92 points.

Banking Surge Powers the Index

The banking sector index added 0.92% during the day, underpinning the market’s resilience.

Holding Index Stumbles

Conversely, the holding index slipped 0.62%, reflecting a cautious risk appetite among investors.

Sector Spotlight: Winners and Losers

■Sports: +3.34% – investors flocked to sports equities.

■IT: ‑2.13% – tech stocks faced pressure.

■Other sectors moved in line with the broader index trend.

Global Backdrop: US Inflation Fears and Nvidia’s Earnings

Rising US inflation concerns paired with Nvidia’s better‑than‑expected earnings have split global risk sentiment.

Chart Anatomy: Key Support and Resistance Zones

■Resistance: 14,700 – 14,800 points.

■Support: 14,500 – 14,400 points.

■Daily volume and liquidity patterns hint at smart‑money positioning.

Volkan Şen – As an HFT and market‑depth specialist, the morning lift in BIST 100 was driven largely by net buying in banking stocks. The pullback in the holding index signals outbound foreign capital. Watching the smart‑money flow, a break above 14,700 could open short‑term buying opportunities; failing that, the 14,500 support may come under test.