BIST 100 index at Borsa Istanbul started the day at 11,733.26 points, with a decrease of 0.55 percent.
BIST 100 index at Borsa Istanbul, which followed a buying-oriented trend yesterday, closed the day at 11,797.70 points, gaining 3.22 percent in value.
The index dropped to 11,733.26 points at the opening today, with a decrease of 64.43 points and 0.55 percent compared to the previous closing. The banking index lost 0.55 percent and the holding index lost 0.87 percent.
Among the sector indices, the highest gain was real estate investment trust with 0.07 percent, and the biggest decrease was financial leasing factoring with 4.15 percent.
Despite strong company balance sheets, global markets remain mixed due to uncertainties regarding artificial intelligence investments and the impact of geopolitical risks.
Yesterday, the decline in oil prices and company balance sheets exceeding expectations limited the volatility in technology stocks, increasing the risk appetite in global markets.
Company profits, which are significantly above expectations, contribute to alleviating concerns about artificial intelligence to some extent. However, predictions that high expectations may lead to price volatility on a company basis also stand out.
Minister of Treasury and Finance Mehmet Şimşek said yesterday that 66 of 131 funds have been completely liquidated and the full liquidation of 3 out of 7 portfolio management companies has been completed.
Analysts stated that the real sector confidence index and manufacturing industry capacity utilization rate will be calm in the country today, and the data agenda will be calm abroad, and noted that technically, 11,600 and 11,500 points in the BIST 100 index are support, and 11,900 and 12,000 points are resistance.
