Bulls Run Rampant: Stocks Surge Midday, November 13, 2025

BIST 100 Climbs Midday Amid Renewed Global Optimism

Bulls Run Rampant: Stocks Surge Midday, November 1...

Istanbul's BIST 100 index enjoyed a positive first half of trading today, November 13, 2025, reflecting a boost in global risk appetite following positive developments in the United States. The benchmark index closed the morning session at 10,698.32 points, marking a 0.54% increase, or 57.46 points, compared to yesterday's closing figure. Trading volume remained robust, reaching a substantial 50.4 billion Turkish Lira.

The gains were broad-based, with the banking index climbing 0.41% and the holding index advancing 0.27%. However, sector performance was mixed. The mining sector led the charge, soaring by an impressive 3.29%, while the IT sector lagged behind, experiencing a slight dip of 0.31%.

Factors Driving the Market Uptick

The positive sentiment in global markets, largely fueled by the resolution of the US government's reopening, provided a significant tailwind for the BIST 100. This development instilled renewed confidence in investors and encouraged risk-on behavior. Domestically, however, economic data presented a mixed picture.

Housing Sales Dip Slightly

Recent data revealed a marginal decline in Turkish housing sales. October figures showed a 0.5% decrease compared to the same period last year, with a total of 164,306 units sold. While the drop was relatively small, it highlights potential challenges within the real estate sector and warrants continued monitoring.

Looking Ahead: Key Levels to Watch

Analysts suggest that the market's performance for the remainder of the day will be heavily influenced by the upcoming release of weekly money and bank statistics. These figures will provide crucial insights into the overall health of the Turkish economy. From a technical perspective, resistance levels for the BIST 100 are identified at 10,800 and 10,900 points. Conversely, support levels are pegged at 10,600 and 10,500 points. Investors are advised to closely monitor these levels as potential indicators of future market movements. The overall market sentiment remains cautiously optimistic, contingent on continued global stability and positive domestic economic data.