Sharp Sell-Off on Borsa Istanbul: BIST 100 Hits Five-and-a-Half-Month Low

A sharp sell-off occurred on Borsa Istanbul by the end of the day. The BIST 100 Index fell 5.75%, closing at 13,093 points. As selling pressure intensified during the day, the index triggered a circuit breaker at 16:04:32. At that time, the index declined to 12,817, testing its lowest level since April 2. The decline reflected the overall selling trend in the market. The index's intraday volatility signaled a decrease in investors' risk appetite. According to closing data, the BIST 100 completed the day with a significant loss. Not investment advice.

📊 XU100 — Piyasa Yorumu

▼ down · 70%

The BIST 100 index declined by 6.18% in the last 24 hours to 13,034, hitting its lowest level in five and a half months. With an RSI of 12, it is in oversold territory, and the MACD is negative and below the signal line, indicating that selling pressure may continue in the short term. The price is well below its 20- and 50-day moving averages, confirming a downtrend. However, due to oversold conditions, reaction buying may emerge and the pace of the decline could slow. Nevertheless, news flow and the technical outlook suggest that downside risk persists in the short term.

RSI 14

12.1

MACD

-322.30

24h Δ

-6.18%

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