BIST 100 index, which moved in a downward trend in the first half of the day, dropped to 11,662.98 points as of 13:00, with a decrease of 407.1 points and 3.37 percent compared to the previous closing.
The total transaction volume was 54.6 billion lira. The banking index lost 1.85 percent and the holding index lost 3.24 percent.
While all sector indices decreased, the one that lost the most value was financial leasing factoring with 6.38 percent.
Analysts stated that industrial production and capacity utilization rate in the USA will be followed for the rest of the day, and noted that technically, 11,600 and 11,500 points in the BIST 100 index are support, and 11,800 and 11,900 points are resistance.
On the other hand, credit rating agency Standard & Poor’s (S&P) is expected to announce its expected evaluation of Türkiye after the markets close in the evening. The expectation is that S&P will maintain Türkiye’s credit rating as “BB-” and its rating outlook as “stable”.
