Trading on Borsa İstanbul started with a 0.43% increase, with the BIST 100 index opening at 10,625.38 points.

Positive momentum continues on Borsa İstanbul. At the opening, the BIST 100 index rose to 10,625.38 points with an increase of 45.12 points and 0.43% compared to the previous closing.

The banking index gained 0.27%, while the holding index increased by 0.36%. Among the sector indices, communication showed the highest gain with 0.98%, while securities investment trusts had the highest loss with 0.39%. The BIST 100 index, which followed a buying-heavy trend domestically yesterday, closed the day with a 1.36% gain at 10,580.26 points on Borsa İstanbul. Global markets are still in search of direction due to concerns about U.S. President Donald Trump’s protectionist trade approach. On the domestic front, all eyes are on the summary of the Central Bank of the Republic of Turkey’s (CBRT) Monetary Policy Committee (MPC) meeting to be released today. Last week, the CBRT reduced the policy rate for a one-week repo auction by 250 basis points to 42.50%. CBRT President Fatih Karahan stated that they will do whatever it takes to reach our end-of-year inflation target of 24%, ensuring that demand conditions will not disrupt the disinflation process. Karahan mentioned that they evaluate the recent decline in inflation as stemming not only from base effects but also due to the impact of tight monetary policy on the downward trend. In addition to these developments, it was decided to implement the uptick rule in short selling transactions for shares listed on BIST 50 Index for one day in today’s session on Borsa İstanbul. Analysts noted that from a technical standpoint, 10,700 and 10,750 points are resistance levels, while 10,600 and 10,500 levels serve as support for the BIST 100 index.