BIST 100 Closes Lower: Sector Moves and Global Drivers

The BIST 100 slipped 169.10 points to close the session in the red as both local and global risk appetite swayed.

Closing Breeze on the Istanbul Exchange

■Index fell 169.10 points from the previous close.

■Daily turnover reached TRY 180.4 billion.

■Banking index dropped 1.08%, while the holding index slipped 0.34%.

Sector Pulse: Winners and Losers

■1.91% gain made the transportation sector the top performer.

■3.26% decline placed chemicals‑oil‑plastics as the biggest laggard.

■Technology stocks faced selling pressure after news of China’s progress in chip‑equipment manufacturing.

Global Drivers Echoing Locally

■De‑escalation of US‑Iran tensions pushed oil prices down, easing inflation concerns.

■The move revived risk appetite, steering capital toward higher‑yield assets.

■China’s chip‑equipment advances sparked a sell‑off in tech equities.

Data Calendar and Technical Benchmarks for Tomorrow

■Domestic data calendar looks relatively quiet.

■In the US, wholesale inventories, housing price index, Richmond Fed manufacturing index and New York Fed consumer confidence will be watched.

■Technical support for the BIST 100 is set at 13,600 and 13,700 points; resistance at 13,900 and 14,000 points.

Markets are navigating a mixed backdrop of easing geopolitical tension and a tech‑sector shake‑up from China’s chip‑equipment strides. In the short term, a risk‑on bias could offset the tech sell‑off, while interest‑rate expectations and inflation dynamics will dominate the medium‑term narrative. Traders should stay glued to the key technical levels and be ready for rapid moves triggered by data‑driven HFT algorithms.