The-100 Index opened Monday at 10,765.09 and initially dropped to 10,626.34 before reversing course. Strong buying activity in the afternoon pushed the index to a high of 11,007.60, closing at 10,961.67, up 1.88%. The Banking Index led gains with a 4.24% rise, while the Transportation Index surged 6.80%. Conversely, the Securities Investment Partnership Index fell 3.87%.
ICI's Türkiye Manufacturing PMI declined from 47.9 in October to 47.3, signaling worsening conditions in the manufacturing sector. Foreign investors made net sales of USD100.0 million in equities and USD183.8 million in government bonds in the week ending October 23, according to CBRT data.
Globally, U.S. markets showed mixed results. The Index rose 0.41%, but the S&P 500 Index fell 0.51% and the Index declined 1.07%. European markets performed better, with the Euro Stoxx 50 Index up 0.78% and the German Index rising 0.63%. Geopolitically, President Trump hinted at preserving the basis for an agreement with Iran but did not confirm military intervention plans.
Oil prices dropped 7.42% to USD103.43 as diplomatic talks between Iran and Qatar raised hopes for a peaceful resolution. Today, U.S. midterm elections are the main focus, with Asian markets showing sell-offs. The South Korean KOSPI fell 3.8%, and the Shanghai Index dropped 1.5%. Türkiye's October inflation figures, expected at 2.40% monthly and 29.54% annually, will be released at 10:00 AM.