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Strong Surge in Borsa Istanbul

The BIST 100 index in Borsa Istanbul started the day at 9,579 points, rising by 3.27 percent.

The calming of tension in global trade began the day positively for the markets.

At the opening, the BIST 100 index increased by 303.61 points and 3.27 percent to reach 9,579 points compared to the previous closing. The banking index gained 4.25 percent, while the holding index rose by 2.57 percent. All sector indices showed gains, with banking being the highest gainer. Yesterday, the BIST 100 index ended the day at 9,275.50 points after losing 2.13 percent while following a selling trend. In global markets, positive sentiment is prevailing due to U.S. President Donald Trump’s announcement of suspending additional tariffs for 90 days for trade partners except China, boosting risk appetite. Analysts emphasized that news related to tariffs remains a focus for investors. Today, industrial production and weekly financial statistics domestically, and inflation data, weekly jobless claims, average hourly earnings, and federal budget balance in the U.S. are anticipated to be closely monitored. Analysts noted that technically, the resistance levels for the BIST 100 index are at 9,700 and 9,800 points, with support levels at 9,500 and 9,400.

Strong Surge in Borsa Istanbul

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