Wednesday, September 23, 2026English edition
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Country risk, from the local press

Turkey · Country watch

BIST 50 Rule Change, Istanbul Power Outages

Borsa İstanbul imposes a new short-selling rule; Istanbul faces widespread power outages affecting 36 districts.

The picture Mixed

Business conditions in Turkey are mixed. Borsa İstanbul's new short-selling rule stabilizes markets, while Istanbul's power outages disrupt operations. Consumer confidence rises, potentially boosting retail.

In this briefing Borsa İstanbul · BIST 50 · Capital Markets Board of Turkey · BEDAŞ · Istanbul · Turkish Statistical Institute

Regulation

  • finance

BIST 50 Implements 'Uptick Rule' for Short Selling

Borsa İstanbul has announced the implementation of the 'uptick rule' for short selling in the BIST 50 index, effective from today. This decision, made in line with the Capital Markets Board's directive, requires that short sales be executed at a price higher than the last sale price. This measure aims to stabilize the market by preventing excessive downward pressure on stock prices, according to Diken.

Impact Traders and investors in BIST 50 stocks face new restrictions on short selling, potentially affecting trading strategies.

Sources: Diken ↗, STAR ↗, haber7.com ↗

Disruption

  • energy
  • logistics

Istanbul Power Outages to Affect 36 Districts

Aerial view of the historical peninsula and modern skyline of Istanbul
Aerial view of the historical peninsula and modern skyline of Istanbul Hunanuk, CC0 via Wikimedia Commons

BEDAŞ has scheduled power outages across 36 districts in Istanbul on 22 September, affecting both the European and Asian sides. The outages, part of planned maintenance and repair work, will last up to nine hours in some areas. Districts like Bakırköy, Esenler, and Kağıthane will experience interruptions at various times throughout the day, Yeni Safak reports.

Impact Businesses and residents in affected districts face operational disruptions due to prolonged power outages.

Sources: Yeni Safak ↗, Haber Turk ↗

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

Nothing significant reported today.

Markets

  • finance

Consumer Confidence Index Rises to 91.9

The Turkish Statistical Institute (TÜİK) reported a 1.3% increase in the consumer confidence index for September, reaching 91.9. This marks the highest level since July 2018. The index reflects improved expectations for household financial situations and the general economic outlook over the next 12 months, according to Haber Turk.

Impact Retailers and consumer goods companies may see increased consumer spending due to rising confidence.

Sources: Haber Turk ↗, InternetHaber.com ↗, Cumhuriyet ↗

Trade

Nothing significant reported today.

Politics

Nothing significant reported today.

Also today in Turkey

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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