Reasons and Effects of the Decline in Borsa İstanbul

The Decline in Borsa İstanbul Continues Unabated

The BIST 100 Index in Borsa İstanbul started the day with a limited positive area but continues to exhibit a bearish trend. During the day, the index began at 11,470.03 points with a 0.12% increase but, as of 14:58, it has decreased by 1.22% to 11,316 points.

Effects on Banking and Holding Sectors

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

Impact of Recent Developments

The drop in the BIST 100 Index was significantly influenced by the Ministry of National Defense's (MSB) announcement yesterday that a drone out of control over the Black Sea approached Turkish airspace and was shot down. Such developments negatively affect investor psychology, while profit realizations in the markets also support selling in the stock exchange.

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