BIST 100 index opens with a decline on Borsa Istanbul
While global markets focus on the US Federal Reserve's interest rate decision, developments on Borsa Istanbul and evaluations by Minister Mehmet Şimşek are being monitored.
The BIST 100 index on Borsa Istanbul started the day with a slight retreat, and the pace of the decline gained momentum as selling pressure increased in the following hours.
Start of the Day with a Decline
The BIST 100 index on Borsa Istanbul entered the day with a 0.17 percent decline at 13,868.17 points.
Losses Accelerating During Trading
Following the market opening, selling pressure increased and the decline in the index reached the 5 percent level around 11:00.
Latest Intraday Status
As of 11:30, the BIST 100 index continued to trade around the 13,408 point level, while the intraday loss hovered around 3.5 percent.
Focus of Global Markets
While investors turned their attention to global markets, all eyes focused on the interest rate decision to be announced by the US Federal Reserve during the day.
Statements from the Economic Administration
As market volatility continued, Treasury and Finance Minister Mehmet Şimşek made important evaluations during a joint broadcast he attended.