BIST 100 Tests Technical Resistances as Global Tensions Persist

The BIST 100 index rose by 0.74% to 14,183.72 points during the first half of trading on Borsa İstanbul. While macroeconomic data from the U.S. showed signs of slowing inflation, global markets remained volatile due to rising geopolitical tensions and sharp fluctuations in technology stocks. The banking sector lost 1.63%, while the metal industry gained 3.20%. Technically, the BIST 100 is facing resistance at 14,300 and 14,400 points, with support levels at 14,100 and 14,000 points. The remainder of the day will be closely watched for U.S. retail sales data and positive divergence from European markets. In the bond market, the 15 March 2028 maturity bond traded at a simple yield of 37.61% and a compound yield of 41.15%.

The combination of U.S. macroeconomic data and global tensions could test BIST 100's technical resistances. For long-term investors, key focus areas will be U.S. retail sales expectations and European market performance.