Index Declined in the First Half of the Day on Borsa Istanbul
The BIST 100 index fell to 14,102.43 points in the first half of the day, recording a total trading volume of 105.2 billion liras in the market.
The BIST 100 index dropped by 0.35 percent compared to the previous close in the first half of the day to 14,102.43 points, while the total trading volume reached 105.2 billion liras.
Market Trend
Moving in a downward trend in the first half of the day, the BIST 100 index recorded a decrease of 49.15 points compared to the previous close as of 13.00.
Trading Volume and Sectoral Distribution
While the total trading volume in the market reached 105.2 billion liras, the banking index gained 0.73 percent and the holding index lost 0.44 percent.
Gainers and Losers
Among sector indices, real estate investment trust was the highest gainer with an increase of 1.48 percent, while the IT sector was the biggest loser with 2.54 percent.
Global Developments
Geopolitical risks in the Middle East region and upward movements in oil prices are effective in increasing risk perception in global markets.
Analyst Assessments
Stating that the domestic and foreign data agenda is calm today, analysts shared critical support and resistance levels for the BIST 100 index from a technical perspective.
Support and Resistance Levels
According to the technical data shared by experts, 14,000 and 13,900 points act as support on the BIST 100 index, while the 14,300 and 14,400 point levels are monitored as resistance.