21.03.2025 19:50
In Borsa Istanbul, the BIST 100 index finished the day down by 7.81%, closing at 9,044.64 points. Due to the decline, the Index-Based Circuit Breaker System was activated twice during the day.
The BIST 100 index on Borsa Istanbul lost 7.81% on the last trading day of the week. The BIST 100 index closed the day at 9,044.64 points.
BORSA İSTANBUL LOST 7.81%
The decline on Borsa Istanbul continues. The BIST 100 index decreased by 766.30 points compared to the previous close, while the total trading volume was 166.2 billion lira. The banking index lost 9.47%, and the holding index lost 7.17%. While all sector indices declined, the communication sector suffered the most with a loss of 9.99%.
TRADING HALT APPLIED TWICE
In global markets, concerns about new steps that U.S. President Donald Trump will take in the trade war initiated through tariffs continue to negatively affect risk appetite. Meanwhile, the Index-Based Trading Halt System was activated twice today on Borsa Istanbul.
Analysts stated that next week, domestic economic confidence index, labor statistics, foreign trade balance, real sector confidence index, and capacity utilization rate will be monitored, while abroad, growth, durable goods orders, personal income and expenditures in the U.S., growth, inflation, and retail sales in the UK, Tokyo CPI in Japan, and industrial profits in China will be closely followed. They noted that technically, the support levels for the BIST 100 index are at 9,000 and 8,900, while the resistance levels are at 9,100 and 9,200 points.