BIST 100 Rises on Buying, Tests 14,000 Point Resistance

Borsa Istanbul saw a buying-dominated session, with the BIST 100 index opening at 13,798.53 points and pushing psychological limits amid strengthening buying activity by mid-session. The index tested a daily high of 14,004.95 points, before stabilizing at 13,937.47 in current trading. A strong recovery in banking and industrial indices eased selling pressure, keeping the green momentum intact. Trading volume was particularly concentrated in the banking sector, as investors await a decisive break above the critical 14,000-point resistance level. While a cautious optimism prevails in the market, whether the index can sustain above the 14,000-point level is being closely monitored. Analysts suggest that a break above this level could trigger fresh buying waves. This is not investment advice.