Volatility prevails in the markets… The stock market lost over 5%. After breaking records by surpassing 41 liras, the dollar and 45 liras, the euro turned downwards. Gram gold tested 4,000 liras.

The BIST 100 index on Borsa Istanbul started the day at 10,060 points with a 6.87% decrease. Following a sharp decline in the index, the circuit breaker system was activated at 09:55, temporarily halting transactions. After trading resumed, the index is currently at 10,162 points with over a 5% loss. Analysts noted that technically, the support levels for the BIST 100 index are at 10,000 and 9,900, while resistance levels are at 10,100 and 10,200 points. RISE IN DOLLAR AND EURO INTENSIFIES The dollar/TL broke records by exceeding 40 with over an 11% increase. The exchange rate fell below 39 later in the trading session.

Euro/TL stabilized at 42.79 after crossing the 45 level. The Pound/TL tested above the 50 mark.

As of 13:00, the Dollar/TL is trading at 38.93 while the Euro/TL is changing hands at 42.61.

GRAM GOLD TESTS 4,000 LIRAS With the rise in the dollar and gold, gram gold hit a record. For the first time in history, gram gold exceeded 4,000 liras.

After the selling pressure from the peak, the gram gold price fell to 3,780 liras.