Istanbul stock market applies circuit breaker again due to decline in BIST 100 index

The decline in the BIST 100 index in Borsa Istanbul exceeded 5 percent. A circuit breaker was applied to the index.

A circuit breaker was applied on the stock exchange. The decline in the BIST 100 index, which was volatile in the first half of the day, accelerated in the afternoon and losses increased by over 5 percent. The index declined to 4 thousand 755 points. Consequently, the circuit breaker in the index was applied.

Analysts noted that from a technical point of view, the level of 4,850 in the BIST 100 index was a position of support, while 5,050 and 5,100 points were a position of resistance.