BIST 100 Midday Slide: Textile-Derby Sector Surges

BIST 100 fell to 13,992.64 points, a 1.81 % decline, casting a shadow over Turkey’s largest market in the middle of the morning.

Midday Momentum Signals

■BIST 100: lowest 13,979.99, highest 14,153.74

■Banking Index: down 2.18 %

■Holding Index: down 0.49 %

■Total trading volume: 77.8 billion TRY

Textile-Derby’s Unexpected Surge

■Textile-Derby sector rose 1.58 %

■Despite global chip sales pressure, textile companies maintained an upward trend

Global Chip Crisis: Tech Sector’s Downturn

■Technology Index: down 0.78 %

■U.S.–Iran tensions and sales pressure on tech firms weighed on overall BIST 100 performance

Investor Focus: Gold and Brent Gains

■Gold rose 0.5 % to $4,000

■Brent rose 0.5 % to $84.5

Dollar’s Heat: 47.1610 TRY

■USD/TRY: 47.1610

■EUR/TRY: 53.9900

■EUR/USD: 1.1440

■GBP/USD: 1.3440

Sector-Specific Performance

■Financial Index: down 2.10 %

■Industry Index: down 1.41 %

■Services Index: down 0.65 %

■Financial Leasing & Factoring: down 9.19 %

The midday drop in BIST 100 reflects the interplay of a global chip crisis and geopolitical tensions, translating into sector‑specific volatility. The rise in the textile‑derby sector signals a short‑term boost for export‑focused companies. Investors remain attentive to the modest gains in gold and oil, as well as the currency fluctuations.