Stock Market Continues to Rise While Global Markets Show Negative Divergence

The BIST 100 index rose by 72.83 points compared to the previous close, with a total trading volume of 204.5 billion lira. The banking index gained 0.36%, while the holding index gained 0.29%. Among the sector indices, the financial leasing factoring sector gained the most with 8.75%, while the tourism sector lost the most with 1.49%. Global markets are showing negative divergence due to concerns over the targeting of commercial ships in the Strait of Hormuz and the ongoing sales pressure in technology stocks, while domestic markets are showing positive divergence. During his official visit to Turkey, US President Donald Trump met with Turkish President Recep Tayyip Erdoğan at the Presidential Complex, where they discussed the F-35 issue. President Trump stated that 'Turkey has become a very powerful country in terms of military strength under the leadership of President Erdoğan. We can say that we can lift the sanctions.' Analysts noted that the flow of news from the 36.⁠ ⁠NATO Summit will be closely followed. Tomorrow, the data calendar is expected to be calm in Turkey, while abroad, the Federal Open Market Committee (FOMC) meeting minutes, the International Monetary Fund (IMF) World Economic Outlook (WEO) Report, Japan's trade balance, and the US wholesale inventory will be watched. Technically, the BIST 100 index has resistance at 14,500 and 14,600 points, and support at 14,400 and 14,300 points.

The Future of Markets and Expectations: Can the stock market continue to rise? How will the negative divergence in global markets affect Turkey's economic indicators? What is the future of the F-35 issue and the promises made by the US? The answers to all these questions will shape the future of the markets.