Strong Surge in Borsa Istanbul

The BIST 100 index in Borsa Istanbul started the day with a rise of 3.27% at 9,579 points.
The easing of tension in global trade started the markets positively.
At the opening, the BIST 100 index rose to 9,579 points, an increase of 303.61 points and 3.27% compared to the previous close. The banking index gained 4.25%, while the holding index gained 2.57%. All sector indexes rose, with banking being the biggest gainer. Yesterday, the BIST 100 index in Borsa Istanbul closed the day with a 2.13% loss at 9,275.50 points, following a sales-heavy trend. In global markets, increasing risk appetite is predominant after US President Donald Trump announced a 90-day halt to additional tariffs for trade partners excluding China. Analysts emphasized that news regarding tariffs continues to be of interest to investors. Today, industrial production and weekly money and banking statistics will be monitored domestically, while in the US, inflation, weekly jobless claims, average hourly earnings, and federal budget balance will be observed. From a technical perspective, analysts noted that 9,700 and 9,800 points are resistance levels for the BIST 100 index, with 9,500 and 9,400 levels serving as support.