In Borsa Istanbul, the BIST 100 index started the day with a 0.09% decline at 9,901.91 points. At the opening, the BIST 100 index decreased by 9.16 points and 0.09% to 9,901.91 points compared to the previous close. While the banking index remained stable, the holding index lost 0.42% in value. Among sector indices, trade gained the most with 0.56% while tourism lost the most with 0.93%. Yesterday, the BIST 100 index in Borsa Istanbul followed a buying-oriented trend and ended the day gaining 2.61% at 9,911.07 points.
In the global markets, as the risk perception increased due to the US starting to impose tariffs on Canada and Mexico and increasing tariffs on China, the focus of investors shifted to the responses these countries will give to the US. The US announced that a new tariff of 10%, in addition to the existing 25% tariff on goods imported from Canada and Mexico, would be effective starting today. On the other hand, domestically, Borsa Istanbul stated that the up-tick rule in short selling operations for shares in the BIST 50 index would continue today. Analysts pointed out that today, the real effective exchange rate domestically and the foreign exchange assets and liabilities of firms outside the financial sector would be watched, while the unemployment rate in the Eurozone would be monitored internationally. From a technical perspective, it is indicated that the 10,000 and 10,100 levels are resistance levels in the BIST 100 index, with 9,800 and 9,700 points acting as support levels.