79 Million Shares Bought Back by 72 Companies on Borsa Istanbul

Buyback news generally supports market sentiment and may increase buyer interest in the short term. However, since the news is a general piece of information spread across 72 companies rather than a single company, its impact specifically on GARAN may remain limited. The RSI at 71.6 has approached the overbought zone and is below the MACD signal line; this indicates that the upward movement may be limited. Since the price is above the SMA20 and SMA50, the medium-term trend appears positive. Overall, while a slightly positive tendency is expected, caution is warranted due to overbought conditions.

The report states that 72 companies across Borsa Istanbul have carried out share buybacks; as it contains no TCELL-specific information, its direct impact is limited. The technical picture is weak: the price is below the SMA20 and SMA50 (91.7) at 90.0, the RSI is at 39 in negative territory, and MACD is below its signal line. Although buyback news generally supports market sentiment, there is no concrete catalyst specific to TCELL. A sideways-to-weak trend is expected in the short term; unless the 91.7 resistance is breached, any recovery may remain limited.

Across Borsa Istanbul, 72 companies carrying out buybacks totaling 79 million shares is a positive signal that provides liquidity and confidence support to the market. MAVI shares are trading above the SMA20 and SMA50; with an RSI of 62, the stock is approaching overbought territory but is not there yet. MACD is slightly below its signal line, indicating weak momentum. Although the news is not specific to MAVI, it may support overall market appetite; a moderate upward effect can be expected in the short term. Nevertheless, because the buyback news has not materialized at the company level, I keep confidence limited.