Borsa Istanbul’s BIST 100 index lost 2.04 percent of its value in the first half of the day, falling to 10,938.08 points.
BIST 100 index, which moved in a downward trend in the first half of the day, dropped to 10,938.08 points as of 13:00, with a decrease of 227.3 points and 2.04 percent compared to the previous closing.
The total transaction volume was 45.1 billion lira. The banking index lost 1.25 percent and the holding index lost 1.72 percent.
Among the sector indices, the biggest gainer was insurance with 0.64 percent, and the biggest loser was financial leasing factoring with 5.23 percent.
Selling pressure increased as the mixed signals coming from the balance sheets announced by technology companies in global markets increased question marks regarding the return of artificial intelligence investments to profitability and macroeconomic data announced in the USA increased the possibility that the US Federal Reserve (Fed) would increase interest rates.
Analysts stated that the Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) meeting summary will be followed in the country today, and the inflation data in Germany will be followed abroad, and noted that technically, 10,800 and 10,700 points in the BIST 100 index are in a support position, while 11,100 and 11,200 points are in a resistance position.
