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 follow a bearish trend. During the day, the index, which began at 11,470.03 points with a 0.12% increase, dropped to 11,316 points with a 1.22% loss as of 14:58.

Effects on Banking and Holding Sectors

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

Impact of Recent Developments

The decline in the BIST 100 Index has been significantly influenced by the Ministry of National Defense's announcement that a drone that lost control in the Black Sea approached Turkish airspace and was shot down. Such developments create adverse effects on investor psychology, while profit realizations in the markets also support sales in the stock market.

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