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Stock market rose in the first half of the day

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The BIST 100 index on Borsa Istanbul gained 0.85% in the first half of the day, reaching 9,604 points. Moving in an upward trend in the first half of the day, the BIST 100 index rose to 9,604 points with an increase of 80.64 points and 0.85% compared to the previous close at 13:00. The total trading volume exceeded 40 billion lira. The banking index gained 0.84%, while the holding index also increased by 0.64%. Among the sector indices, construction gained the most at 2.2%, while sports was the only loser. In global markets, there is selling pressure following the reciprocal tariffs announced by US President Donald Trump yesterday.

Due to the positive impact of the inflation data announced domestically coming in better than expected, the BIST 100 index on Borsa Istanbul followed an upward trend with a focus on buying in the first half of the day, distinguishing itself from global exchanges. Analysts mentioned that the afternoon agenda is calm domestically, while in the international arena, the minutes of the European Central Bank (ECB) meeting and the US trade balance, along with weekly jobless claims, will be monitored.

From a technical standpoint, it was noted that the BIST 100 index has resistance at 9,700 and 9,800 points, with support levels at 9,500 and 9,600.

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