Borsa Istanbul Ends at 0.6% Decline While S&P 500 and Nasdaq Mirror the Drop

Borsa Istanbul ended the day down 0.6%, while the S&P 500 and Nasdaq mirrored the decline.

Opening Signal: Midday Crack

■Borsa Istanbul opened +1.2% but fell -1.8% by 14:30.

■S&P 500 started +0.5%; by 15:45 it had slipped -0.9%.

■Nasdaq opened +0.8% and dropped -1.1% at 16:00.

Technical Highlights: Fibonacci and Ichimoku

■BIST 100 touched the 34 % Fibonacci retracement level and fell below the Ichimoku cloud.

■Dow Jones slipped below its 20‑day moving average and MACD turned negative.

■Nasdaq Composite traded -0.3% below its 50‑day moving average.

Company Performance: Sectoral Decline

■İşbank shares fell -2.5%, while Turkcell dropped -1.8%.

■BİM Birleşik Mağazalar rose +0.4%; Ford Otosan slipped -0.9%.

■BİM reported a 12 % year‑end profit decline; İşbank reduced its loan portfolio by 4 %.

Economic Indicators: Rates and Inflation

■Central Bank of Turkey maintained a 12 % interest rate.

■Turkish Statistical Institute announced inflation at 15.3 %, a month‑on‑month increase of +0.5 %.

■The USD/TRY exchange rate hovered at 18.45.

Outlook for the Week Ahead

■Post‑FED meeting, a rise in the USD is likely.

■İşbank and İşemlak are targeting a 20 % growth.

■Borsa Istanbul is expected to stay +0.6% below its 20‑day moving average.

Markets today face a technical breakeven point, yet fundamentals remain steady. The Fibonacci retracement level sets a short‑term boundary; falling below the Ichimoku cloud signals a bearish trend. Investors should reassess risk tolerance and rebalance portfolios accordingly.