The BIST 100 index at Borsa Istanbul lost 0.55 percent of its value in the first half of the day, falling to 14,513.42 points.
BIST 100 index, which moved in a downward trend in the first half of the day, dropped to 14,513.42 points as of 13:00, with a decrease of 80.59 points and 0.55 percent compared to the previous closing.
The total transaction volume was 79.7 billion lira. The banking and holding index lost 0.68 percent.
Among the sector indices, the highest riser was informatics with 1.83 percent, and the biggest loser was securities investment trust with 2.37 percent.
While the conflicts and tension between the USA/Israel and Iran, which has reached its second month, continues to be the main agenda item for investors, the closure of the Strait of Hormuz and increasing energy costs limit the risk appetite in the equity markets.
Although Borsa Istanbul’s BIST 100 index started the day positively after reaching record levels yesterday, it completed the first half of the day with a negative trend.
Analysts stated that New York Fed Consumer Confidence Index, Richmond Fed Manufacturing Industry Index and House Price Index will be followed in the USA for the rest of the day, and stated that technically, 14,400 and 14,300 points in the BIST 100 index are support, and 14,600 and 14,700 points are resistance.
