24.03.2025 15:30
Last week, sharp sell-offs that began in Borsa Istanbul led to consecutive declines. The BIST 100 index, which was moving around 11,000 points and trying to break above that level, quickly fell after the intense selling. This morning, the BIST 100 index opened at 9,167.00 points with a gain of 1.35, but for the first time in 5 months, it dropped below 9,000 points.
The stock market investor focused on current developments after the sharp fluctuations experienced last week. Due to the impact of the sharp declines, the BIST 100 index broke a reverse record after five months. Borsa Istanbul fell below 9,000 points following these declines.
After closing the last week with declines on Wednesday, Thursday, and Friday, the BIST 100 index started this week with a positive opening of 1.35, at 9,167.00 points. However, the pullbacks experienced in the last week caused significant losses of up to 17% in Borsa Istanbul. It returned to the levels last seen on November 8 of last year. Borsa Istanbul, which fell below 9,000 points, focused on upcoming news.
SHARP DECLINE MEASURES BROUGHT ALONG
After the active hours in the money markets, various measures were implemented. The Capital Markets Board (CMB) prohibited short selling transactions in Borsa Istanbul until the end of the session on April 25, 2025, while share buybacks for publicly traded companies were facilitated. Additionally, the equity ratio in margin trading was also relaxed.
SPECIAL MEASURE AGAINST ROBOTS
Borsa Istanbul also reduced the order/trade ratio from 5:1 to 3:1 in the equity market. The threshold fee for exceeding the order/trade ratio has been increased from 0.25 TL to 0.50 TL as of today. Analysts noted that this regulation could particularly affect algorithmic trading, warning that the trading band could narrow.