The Turkish BIST 100 index sank over 8% to 13,300 since testing three-month highs at 14,500 in early September, despite a lower lira, as a run on investment funds spread into equity prices of major Turkish companies. Leading Istanbul fund manager Pusula Portfoy announced that some of its funds could not meet redemption requests, leading investors across the country to liquidate positions in similar asset classes. The run triggered a crisis on funds that had been accused artificially inflating the NAVs through co-ordinated buying of assets with limited outstanding shares, driving authorities to start the liquidation process of major firms in the Turkish financial system, including Hedef, Tera, Atlas, A1, and Pardus Portfoy. The Turkish central bank had held interest rates unchanged this month but eased collateral conditions on short-term funding markets to prop-up liquidity in financial stress.
Turkey's main stock market index, the BIST 100, fell to 13284 points on September 18, 2026, losing 1.67% from the previous session. Over the past month, the index has declined 8.12%, though it remains 17.62% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Turkey. Historically, the Turkey Stock Market reached an all time high of 15204.92 in May of 2026. Turkey Stock Market - data, forecasts, historical chart - was last updated on September 20 of 2026.
Turkey's main stock market index, the BIST 100, fell to 13284 points on September 18, 2026, losing 1.67% from the previous session. Over the past month, the index has declined 8.12%, though it remains 17.62% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Turkey. The Turkey Stock Market is expected to trade at 13224.35 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 11424.60 in 12 months time.