Reasons and Effects of the Decline in Borsa Istanbul

The Decline in Borsa İstanbul Continues Unabated

The BIST 100 Index in Borsa İstanbul started the day with limited positive territory but continues to follow a selling trend. During the day, the index, which started at 11,470.03 points with a 0.12% increase, had fallen to 11,316 points with a 1.22% loss as of 14:58.

Effects on the Banking and Holding Sector

This decline has negatively affected the overall market outlook, as the banking index decreased by 1.39% and the holding index by 1.26%. Investors' concerns have increased due to uncertainty in the markets.

Impact of Current Events

The decline in the BIST 100 Index was notably influenced by the statement from the Ministry of National Defense (MSB) regarding an unmanned aerial vehicle that lost control and approached Turkish airspace in the Black Sea and was shot down. Such developments create a negative impact on investor psychology, while profit realizations in the markets also support selling in the stock exchange.

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