Economic Review: BIST100 Index in an Uptrend and Currency Fluctuations in Turkey

Turkish Capital Market Update: May 5, 2026

Borsa Istanbul opened the trading day with a positive trend. According to İPEK ARDIÇ İLE GÜNDEM, the BIST100 index began the day with a 0.22% increase to a level of 14,402 points. More recent data from Ekonomi Haberleri 🇹🇷 indicate a continuation of the trend with the index strengthening to 14,454.22 points, representing a daily increase of 0.59%.

In the technical analysis by Borsa Hisse Haber, the support level for the index is defined at 14,280 points, while the resistance level stands at 14,600 points. This channel, which focuses on technical financial commentary, presents a cautious outlook for investors in the short term.

In the currency arena, the impact of inflation continues. Sansürsüz Medya +18 reports that the dollar exchange rate has recorded an increase of over 5% since the beginning of the year, reaching a level of 45.22 Turkish Lira. Data from Ekonomi Haberleri 🇹🇷 confirm a similar picture, with the dollar rate standing at 45.2169 Lira. In the same report, increases in other assets were also noted: gold is trading at 6,607.99, silver rose by 1.15%, and Bitcoin jumped by 2.44% to a level of $80,816. Conversely, oil prices recorded a slight decrease of 1.43% to $112.80 per barrel.