24.04.2025 10:10
The BIST 100 index on Borsa Istanbul started the day with an increase of 0.45%, reaching 9,353.61 points. Gains were also observed in the banking and holding indices. It was noted that the sector, which faced criticism due to disruptions in communication infrastructure during the earthquake in Istanbul, suffered losses.
The BIST 100 index on Borsa Istanbul started the day at 9,353.61 points, up 0.45%. Yesterday, due to the National Sovereignty and Children's Day on April 23, no transactions took place domestically, while on Tuesday, the BIST 100 index closed the day down 0.10% at 9,312.13 points, following a selling trend.
THE BIGGEST LOSER WAS COMMUNICATION
At the opening, the BIST 100 index rose to 9,353.61 points, an increase of 41.48 points or 0.45% compared to the previous close. The banking index gained 0.34%, and the holding index increased by 0.22%. Among sector indices, the biggest gainer was the stone and soil sector with 3.89%, while the biggest loser was communication with a decline of 0.68%.
GLOBAL MARKETS ARE MIXED
In global markets, a mixed trend is observed due to uncertainties regarding the impact of tariffs on the economy and the frequently changing statements of U.S. President Donald Trump. On the other hand, Minister of Treasury and Finance Mehmet Şimşek continued his contacts in the U.S. during the G20, International Monetary Fund (IMF), and World Bank Spring meetings, and held a meeting with U.S. Treasury Secretary Bessent in Washington. A statement from the ministry indicated that the meeting, which was also attended by the Governor of the Central Bank of the Republic of Turkey (CBRT) Fatih Karahan, took place in a constructive atmosphere.
HERE ARE THE EXPECTED DATA
Analysts noted that today, domestic capacity utilization rate and real sector confidence index will be monitored, while abroad, Germany's Ifo business confidence index, U.S. durable goods orders, weekly unemployment claims, and existing home sales will be followed. They also stated that technically, the support levels for the BIST 100 index are at 9,300 and 9,200 points, while the resistance levels are at 9,400 and 9,500 points.