- BIST10012,151-0.94%
- USD49.34+0.24%
- EUR55.21-0.01%
- GOLD4,191.50+0.02%
- INTEREST37.00%-1.00
- BITCOIN82,752+1.22%
- October 13, 202617°
- BIST10012,151-0.94%
- USD49.34+0.24%
- EUR55.21-0.01%
- GOLD4,191.50+0.02%
- INTEREST37.00%-1.00
- BITCOIN82,752+1.22%
- October 13, 202617°
BIST 100 Closes the Day with a 406.19-Point Gain
The BIST 100 index ended the day with a 406.19-point increase, reaching a trading volume of 202.3 billion lira. Banking and holding shares rose, while the strongest sectoral gain was seen in financial leasing and factoring.
The BIST 100 index closed the day with a 406.19-point increase compared to the previous close. The total trading volume reached 202.3 billion lira.
The banking index gained 3.59%, while the holding index rose by 2.57%. Among sectors, the strongest increase was in financial leasing and factoring with 6.60%, while the only loss of 2.74% was recorded in the information technology sector.
Despite the pressure following the US Federal Reserve's interest rate decision in global markets, news flow regarding the agreement signed between the US and Iran supported pricing. At the first Federal Open Market Committee meeting led by new Chair Kevin Warsh, the Fed kept the policy rate steady at 3.5-3.75%.
The Fed’s projections strengthened expectations of a possible rate hike in 2026. Warsh emphasized that inflation remains above the 2% target and conveyed a commitment to price stability.
Analysts noted that avoiding forward guidance increased uncertainty but that the statements supported a tight monetary policy stance. This outlook emerged as the main factor limiting global risk appetite.
On the geopolitical front, a 14-point memorandum of understanding aimed at halting the war and resolving issues through negotiations between the US and Iran was signed digitally. It was reported that Iranian President Masoud Pezeshkian and US President Donald Trump signed the document.
Following the memorandum, the parties are expected to begin a 60-day negotiation period soon to reach a final agreement on topics such as Iran’s nuclear program and the lifting of sanctions.
Domestically, tomorrow’s data to watch include capacity utilization rate, real sector confidence index, and international investment position. Abroad, markets in the US and China will be closed; Japan’s Consumer Price Index, Germany’s Producer Price Index, and UK retail sales data will be monitored.
From a technical perspective, resistance levels for the BIST 100 index stand at 14,900 and 15,000 points, while support levels are at 14,700 and 14,600 points.
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