While the BIST 100 index decreased by 48.44 points compared to the previous close, the total trading volume was 104.2 billion Turkish lira.
The banking index lost 3.28 percent, while the holding index lost 0.99 percent.
Among the sector indices, financial leasing factoring gained the most with 5.31 percent, while banking lost the most.
Analysts pointed out that uncertainties about when the Federal Reserve (Fed) will start interest rate cuts continue to affect asset prices in global equity markets, saying that in addition to this week’s busy data agenda, investors are also focusing on the earnings reports of major technology companies expected to be announced in the US.
Analysts noted that domestic markets will be closed tomorrow due to April 23 National Sovereignty and Children’s Day, while Purchasing Managers’ Index (PMI) for manufacturing industry in the US and Europe, housing starts and building permits in the US, and Richmond Fed manufacturing index will be followed in the US and Europe.
From a technical perspective, analysts noted that 9,600 and 9,500 points are the support levels, while 9,800 and 9,900 levels are the resistance levels for the BIST 100 index.
source: aa.com.tr/ prepared by Melisa Beğiç