BIST 100 Kicks Off Week with Strong Gains

The BIST 100 closed its first trading day of the week up 1.24% at 13,458.10 points.

Istanbul’s Fresh Surge: BIST 100’s Weekly Kick‑off

The index opened 86.22 points (0.64%) higher at 13,544.32, reflecting local investors’ appetite ahead of the July inflation release.

Sector Highlights: From Banking to Transportation

■Banking index rose 1.18%.

■Holding index gained 0.82%.

■Transportation sector led with a 1.53% gain.

■Securities Investment Partnership sector slipped 0.86%.

Global Pulse and Domestic Data Anticipation

Optimism over a potential Middle East détente contrasts with mixed signals from Asian economic data and concerns over semiconductor sector valuations, leaving markets with a tentative outlook. Domestically, the July inflation forecast of 1.82% and the manufacturing PMI are under close watch.

Technical Landscape: Support and Resistance

Analysts flag 13,600 and 13,700 as resistance thresholds, while 13,300 and 13,400 serve as support zones.

Should July’s CPI come in near the lower end of expectations, the BIST 100 may test the 13,600 barrier with caution. Conversely, a softening of geopolitical tensions and improved global risk appetite could fuel further upside, especially in the financial and transportation sectors.