Borsa Istanbul falls 1.87%

The index lost 220.58 points from its previous close, while total trading volume reached 85.9 billion Turkish lira. The banking index declined 1.38%, while the holding companies index fell 2.92%. All sector indices ended the session in negative territory, with the insurance sector recording the largest loss at 6.02%.

As selling pressure continued across the market, investors turned their attention to the Central Bank of the Republic of Türkiye's (CBRT) interest rate decision scheduled for October 22. Analysts identified 11,500 and 11,400 points as support levels for the BIST 100, while 11,700 and 11,800 points were seen as resistance levels. The central bank's decision and accompanying policy statements are expected to influence the stock market's short-term direction.