The BIST 100 index on Borsa Istanbul closed the day with a slight decline of 4.85 points compared to the previous close. The total trading volume was 147.7 billion lira.
While the banking index gained 0.37 percent, the holding index lost 0.30 percent. Among sector indices, the financial leasing factoring sector recorded the highest gain at 2.76 percent. The textiles and leather sector experienced the largest loss at 1.23 percent.
Domestic and global market data
According to domestic data released, the consumer confidence index rose by 2.5 percent on a monthly basis in June, reaching 87.9. The Foreign Producer Price Index increased by 1.71 percent monthly and 34.16 percent annually in May.
Regarding inflation expectations, market participants' expectation for 12 months ahead was recorded at 23.81 percent, households' expectation at 46.13 percent, and the real sector's expectation at 33.10 percent.
Global markets continue to follow a mixed trend, with investor focus on news flow regarding talks between US and Iranian delegations.
Analysts' technical outlook assessment
Analysts stated that the financial services confidence index to be announced tomorrow and global PMI data will be monitored. From a technical perspective, they noted that the 14,500 and 14,400 points are support levels, while the 14,900 and 15,000 points are resistance levels for the BIST 100 index.