Istanbul stock exchange starts week with losses

The Borsa Istanbul began the week with a downward trend, as the BIST 100 index fell 0.32% in early trading to 13,936.16 points. This decline follows a significant 1.90% drop on Friday, when the index closed at 13,981.05 points.

On Monday, the banking index remained largely flat, while the holding index saw a modest increase of 0.14%. Among sector indices, textiles and leather performed best, rising 1.58%, while financial leasing and factoring experienced the largest decline, falling 9.04%.

Globally, market sentiment remains cautious due to ongoing tensions between the U.S. and Iran, which continue to dampen risk appetite. Trading volumes are reportedly low, partly due to markets being closed in Japan.

Analysts are closely monitoring key economic indicators released today. Domestically, attention is on the Turkish Central Bank's (TCMB) market participants survey, international investment position, and producer price index. Internationally, the U.S. leading index will be a focus. Technically, the BIST 100 index faces support at 13,900 points and resistance levels at 14,200 and 14,300 points.