At Borsa Istanbul, the BIST 100 index started the day with a 0.12% increase at 8,709.81 points. During the first half of the day, the BIST 100 index in Borsa Istanbul gained 1% reaching 8,786.06 points. By 13.00, the BIST 100 index had risen by 86.87 points to 8,786.06 points compared to the previous closing, with a total trading volume of 28.7 billion Turkish lira. The banking index gained 0.26% while the holding index increased by 1.26%. All sector indices rose, with the technology sector leading with a 3.78% gain. Global markets are showing a positive trend due to the expectations of a “soft landing” for the economy in the United States. Optimism persists regarding the decrease in inflation to the targeted level in the U.S., while the markets are expected to be influenced by the data and financial results of companies to be announced throughout the week. Analysts mention that the New York Fed manufacturing index in the U.S. will be closely monitored, and technically, the resistance levels for the BIST 100 index are at 8,900 and 9,000, with support levels at 8,700 and 8,490 points.
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