Market Meltdown?! Investors Stunned as Stocks Plunge! What's Next?

Istanbul’s BIST 100 index took a slight dip as trading kicked off today, November 28th, 2025, falling 0.10% to settle at 10,934.43 points. This comes after a mostly positive day yesterday, where the index managed to close with a modest 0.28% gain, ending at 10,945.49 points. Seems like the market is taking a bit of a breather before the weekend.

Market Meltdown?! Investors Stunned as Stocks Plun...

Specifically, at the opening bell, the BIST 100 was down 11.05 points, which translates to that 0.10% decrease from yesterday's close. Breaking it down further, the banking sector saw a 0.23% decline, and holding companies weren't doing much better, dropping by 0.21%. It's always interesting to see which sectors are leading the charge – or in this case, the retreat.

Looking at the sectors, mining is the surprising winner of the morning, recording a 1.36% increase. On the flip side, financial leasing and factoring are having a rough start, experiencing the largest decline at 1.34%. You know, it's often these sector-specific movements that tell a bigger story about the underlying economy.

Zooming out to the global stage, it’s a bit of a mixed bag. There's some optimism brewing due to the possibility of a US Federal Reserve interest rate cut in December. That kind of news usually gets investors excited. However, that enthusiasm is being tempered by less-than-stellar macroeconomic data coming out of Japan and, perhaps more worryingly, continued troubles in China's real estate market. All this translates to a general hesitancy to take on too much risk, especially in Asia.

Analysts are keeping a close eye on several key data releases today. Domestically, we've got the Turkish Central Bank (TCMB) releasing its Financial Stability Report, along with the Services Producer Price Index (H-ÜFE) and the latest unemployment figures. Internationally, the focus will be on German inflation and unemployment rates. These numbers could definitely influence market sentiment as the day progresses. On the technical front, analysts suggest that the BIST 100 has support levels at 10,800 and 10,700 points, with resistance levels at 11,100 and 11,200 points. It's going to be interesting to see if these levels hold true throughout the day's trading.