BIST 100 index at Borsa Istanbul started the day at 13,353.43 points with an increase of 3.34 percent.
BIST 100 index at Borsa Istanbul, which followed a sales-oriented trend yesterday, finished the day at 12,921.56 points, losing 1.45 percent of its value.
At the opening today, BIST 100 index increased by 431.87 points and 3.34 percent compared to the previous closing, reaching 13,353.43 points. The banking index gained 7.02 percent and the holding index gained 4.42 percent.
Among the sector indices, the biggest gainer was banking, the only loser was chemicals, petroleum plastics with 1.87 percent.
While a positive trend is observed in global markets following the temporary ceasefire between the USA and Iran in the Middle East, which also includes Israel, a positive trend is observed in domestic markets, led by sharp increases in banking stocks.
US President Donald Trump, in his announcement regarding the negotiations held under the mediation of Pakistan, hours before the deadline given to Iran, stated that the negotiations carried out between the two countries under the leadership of Pakistani Prime Minister Shahbaz Sharif and Pakistani Chief of General Staff Asim Munir had yielded positive results.
Stating that he accepted Pakistan’s proposal to stop possible attacks tonight and open the Strait of Hormuz, Trump said, “I agree to suspend bombardments and attacks against Iran for a period of two weeks. This will be a bilateral ceasefire.” he said.
Claiming that he has already achieved his military goals in Iran and stating that they are close to an agreement on a “long-term” peace with Iran, Trump said, “We received a 10-article offer from Iran and we believe that this is a feasible basis for negotiation.” made his assessment.
On the other hand, with these developments, Türkiye’s 5-year credit risk premium (CDS) decreased by 17 basis points to 268 basis points.
Analysts stated that the data agenda is calm in the country today, and that the Producer Price Index (PPI) in the Eurozone and the minutes of the Fed’s meeting in the USA will be followed abroad. Technically, 13,600 and 13,700 points in the BIST 100 index are in a resistance position, while 13,300 and 13,200 points are in a support position.
