In Borsa Istanbul, the BIST 100 index decreased by 1.14 percent in the first half of the day, dropping to 9,555 points. Moving with a downward trend in the first half, the BIST 100 index fell to 9,555.52 points with a decrease of 110.26 points compared to the previous close as of 13:00. The total trading volume was 34.4 billion Turkish liras. The banking index lost 1.38 percent, while the holding index dropped by 1.58 percent. Among sector indices, sports gained the most with 5.06 percent, while the forest paper and printing sector declined the most by 2.77 percent. In the global markets, although the risk appetite is supported by Federal Reserve Chairman Jerome Powell’s comments on a possible “soft landing” for the U.S. economy, concerns about recession in Europe continue to make it difficult for markets to find direction. As the fight against inflation nears its end globally, the question of whether economies can overcome this process without falling into recession remains on the agenda. Analysts noted that in the afternoon, data on the Purchasing Managers’ Index (PMI) and Job Openings and Labor Turnover Survey (JOLTS) in the manufacturing industry in the U.S. will be followed closely, stating that technically the support levels for the BIST 100 index are at 9,500 and 9,400 points, while the resistance levels are at 9,900 and 10,000 points.