Reasons and Effects of the Decline in Borsa İstanbul

The Decline in Borsa İstanbul Continues Unabated

The BIST 100 Index at Borsa İstanbul started the day with a limited positive area but continues to exhibit a bearish trend. Despite a 0.12% increase, starting at 11,470.03 points, by 14:58 it had dropped to 11,316 points, reflecting a 1.22% loss.

Effects on the Banking and Holding Sectors

This decline, combined with a 1.39% loss in the banking index and a 1.26% loss in the holding index, has negatively impacted the overall market outlook. Investor concerns have increased due to the uncertainty in the markets.

Impact of Recent Developments

This drop in the BIST 100 Index was significantly influenced by the Ministry of National Defense's (MSB) announcement regarding an unmanned aerial vehicle that lost control and approached Turkish airspace in the Black Sea and was shot down. Such developments negatively affect investor psychology, while profit realizations in the markets also support selling in the stock exchange.

As a result, the fluctuations in the stock index continue to create uncertainty among investors. Market conditions and international developments should be closely monitored.