Sharp Sell-Off in Borsa Istanbul Draws Global Attention: $1 Billion Outflow from Funds

The news highlights a $1 billion fund outflow from Borsa Istanbul and a sharp sell-off wave; such news could increase selling pressure in the short term. However, GARAN stock has risen 6.45% in the last 24 hours and with an RSI of 54.5, it is not in overbought territory, which may provide some resistance. The MACD is in negative territory and below the signal line, indicating weak momentum. The price is above the SMA20 but below the SMA50, presenting a mixed technical picture. I assess that the news increases downside risk in the short term, but the decline may be limited.

The news highlights a sharp sell-off on Borsa Istanbul and a $1 billion outflow from funds; this is a negative news flow for bank stocks like AKBNK in the short term. However, the stock has risen 6.37% in the last 24 hours and with an RSI of 53, it is not in overbought territory; this rise could be a relief rally. MACD is in negative territory and below the signal line, but no crossover yet; price is above SMA20 and below SMA50. The news may increase selling pressure in the short term, but there is also a possibility that the decline remains limited. Nevertheless, due to overall market negativity, downside risk is more dominant.

The news highlights the sharp selling wave on Borsa Istanbul and a $1 billion outflow from funds; this is a negative news flow for bank stocks like ISCTR in the short term. However, the stock has risen 5.8% in the last 24 hours and with an RSI of 46.7, it is far from oversold territory, indicating a potential rebound. The MACD is in negative territory and below the signal line, suggesting weak medium-term momentum. While the SMA20 (12.94) is very close to the price, the SMA50 (13.49) acts as resistance above. Due to the news, short-term downward pressure can be expected, but given yesterday's strong rise and the news being market-wide, the decline is likely to be limited.