Istanbul Stock Exchange Decline Continues: Losses in the Index Are Increasing

Critical Developments in Borsa İstanbul

Uncertainties in global markets continue to place significant pressure on investors. U.S. President Donald Trump's conciliatory statements towards China have not been enough to resolve the complexities in trade relations between the two countries. Meanwhile, the negative trend that has persisted in Borsa İstanbul for the past two weeks also marked the start of the new week.

BIST 100 Index Closes Negative on Its First Trading Day

The BIST 100 index ended the first trading day of the week on Monday with a 1.53% loss. Starting the day at 10,567.66, the index showed an increase of 11.47 points and 0.11% rise, but began to decline due to selling pressure throughout the day.

Trading Volume and Sector Performance in the First Half

In the first half of the day, the BIST 100 index decreased by 74.62 points and 0.71% to 10,481.57 points. The total trading volume was recorded at 49.4 billion lira. The banking index lost 1.1%, while the holding index experienced a 0.15% loss. Among sector indices, the best-performing sector was tourism, which showed an increase of 2.82%. On the other hand, the communication sector experienced the largest decline, falling by 6.07%.

Decline Deepens in the Index: Critical Levels

As selling pressure increased in the later hours of the day, the BIST 100 index dropped by 2.05% to 10,339.37 points, resulting in a significant loss by the end of the day. The index reached a high of 10,594.21 points during the day, while it tested its lowest level at 10,337.04 points. Analysts indicate that, from a technical perspective, 10,400 and 10,300 points are support levels, while 10,600 and 10,700 points are in a resistance position.

New Regulations for Short Selling Transactions

Due to the 2% change in value observed in Borsa İstanbul, an upward step rule will be applied until the end of the session for transaction orders where short selling is allowed. This regulation may capture the attention of investors and could also affect market dynamics.