The stock market ended the day with a decline

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Lerato Khumalo

While the BIST 100 index decreased by 190.04 points compared to the previous closing, the total transaction volume was 142.7 billion lira.

The banking index lost 1.83 percent and the holding index lost 0.94 percent.

Among the sector indices, the most profitable was trade with 1.05 percent, and the most losing was mining with 3.16 percent.

Although progress towards the peace process on the US-Iran line is supportive in terms of oil prices and inflation outlook, global markets are following a negative course as interest rate increase expectations for the US Federal Reserve (Fed) have strengthened again.

Analysts stated that the data agenda will be calm in the country tomorrow, and that the Ifo business confidence index in Germany, weekly mortgage applications in the USA, current account balance and new housing sales will be followed abroad, and noted that technically, 14,400 and 14,300 points in the BIST 100 index are support, and 14,700 and 14,800 points are resistance.