BIST 100 index at Borsa Istanbul started the day at 12,951.57 points with an increase of 1.96 percent.
BIST 100 index at Borsa Istanbul, which followed a sales-oriented trend yesterday, finished the day at 12,702.00 points, losing 0.71 percent of its value.
At today’s opening, the BIST 100 index increased by 249.57 points and 1.96 percent compared to the previous closing, reaching 12,951.57 points. The banking index gained 4.50 percent and the holding index gained 1.66 percent.
Among the sector indices, banking, chemicals, petroleum and plastics were the ones that decreased the most with 1.66 percent.
Global markets are following a positive trend due to the declining oil prices and increasing risk appetite after US President Donald Trump stated that the war with Iran will end very soon.
Optimism that the US and Israel’s attacks on Iran will end soon has reduced the risk perception in global markets. Trump’s statement that the war with Iran will end very soon alleviated the fear of a long-term war and increased investor confidence.
These developments and the decline in oil prices brought relief to the stock markets, which were shaken by the increase in energy costs.
On the other hand, Halkbank announced that it was decided to sign a Postponement of Prosecution Agreement with the Southern New York District Attorney’s Office of the US Department of Justice in order to end the criminal case, which has been ongoing in the USA since 2019, through reconciliation.
Within the scope of the settlement agreement in question, the bank will not pay any judicial or administrative fines.
Analysts stated that industrial production in the country, foreign trade balance in Germany and second-hand house sales in the USA will be followed abroad today, and noted that technically, 13,000 and 13,100 points in the BIST 100 index are resistance, while 12,900 and 12,800 points are support.