The BIST 100 index on Borsa Istanbul ended the day lower, down 118.1 points from the previous close. Total trading volume in the index stood at 191.4 billion liras.
The banking index gained 0.54%, while the holding index rose 0.69%. However, selling spread across the market, and the BIST 100 index remained in negative territory throughout the day.
Outlook for sector indices
Among the sector indices, financial leasing and factoring gained the most, rising 1.25%. The information technology index recorded the steepest decline, falling 4.59%.
As the impact of the ongoing tensions in the Middle East continued to weigh on global markets, U.S. President Donald Trump's remarks that attacks on Iran might not last very long supported risk appetite.
Inflation data
Data released in Türkiye showed that the Consumer Price Index rose 1.84% month-on-month in August, while the Domestic Producer Price Index increased 2.57%. Annual inflation stood at 31.51% in consumer prices and 27.95% in domestic producer prices.
Data to watch and technical levels
On the next trading day, markets will monitor a busy data agenda, led by the real effective exchange rate in Türkiye and employment data in the United States.
Technically, 13,800 and 13,700 points stand out as support levels for the BIST 100 index, while 14,000 and 14,100 points are seen as resistance levels.