The stock market lost more than 5 percent.

central banks interest The critical week in which decisions were expected started with a sharp decline. BIST 100 index in Borsa Istanbul closed the day at 3,199.54 points with a 5.26 percent depreciation.

While the BIST 100 index decreased by 177.79 points compared to the previous close, the total transaction volume stood at 54.2 billion liras.

The banking index lost 9.32 percent and the holding index lost 3.83 percent. Among the sector indices, electricity was the only winner with 1.43 percent, and banking was the biggest loser.

By the way, Exchange Istanbul AŞ announced that with the introduction of the Index-Linked Circuit Breaker System, all transactions in the stock market were temporarily suspended.

Analysts said that the negative course in global markets, which was effective during the last week due to inflationary pressures and the increased risk of recession, was also effective at the beginning of the new week.

Analysts stated that tomorrow the data agenda is calm in the country, inflation in Japan, PPI in Germany, construction permits and housing starts in the USA will come to the fore from a technical point of view. BIST 100 He noted that 3.150 points in the index are in the support position, and the levels of 3.440 and 3.500 are in the resistance position.