Borsa Istanbul started the week with a record

Following a buying-heavy trend on Friday, the BIST 100 index in Borsa Istanbul closed the day with a 0.52 percent gain at 11,372.33 points.

At the opening, the BIST 100 index rose 95.64 points, or 0.84 percent, to 11,467.97 points compared to the previous close. The banking index gained 1.17 percent, and the holding index gained 0.65 percent.

While all sector indices rose, the biggest gainer was chemicals, petroleum, and plastics, with a 1.33 percent increase.

Global markets are trending positively, fueled by rising expectations that the US Federal Reserve (Fed) Chair Jerome Powell will cut interest rates in September following dovish messages. This sentiment was reflected in domestic markets, with the BIST 100 index opening the week at a record high.

On the other hand, the Central Bank of the Republic of Türkiye announced that, as of August 23, renewal and opening of Currency Protected Deposit accounts for real persons will not be possible.

Analysts stated that the real sector confidence index, manufacturing industry capacity utilization rate will be monitored domestically today, while construction permits in the US, the Chicago Fed national activity index, and the Dallas Fed manufacturing industry index will be monitored internationally. They noted that from a technical perspective, the 11,600 and 11,700 levels in the BIST 100 index are resistance levels, while 11,400 and 11,300 points are support levels.