Friday, October 9, 2026English edition
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Country risk, from the local press

Turkey · Country watch

ASELSAN's Export Deal, Borsa Istanbul Rises

ASELSAN signs a $125M export deal; Borsa Istanbul rises amid global market focus.

· · 13 sources

The picture Stable

Business conditions in Turkey remain stable as ASELSAN secures a major export deal and Borsa Istanbul gains. FTSE Russell's decision supports market confidence.

In this briefing FTSE Russell · Borsa Istanbul · ASELSAN · Goldman Sachs · Central Bank of the Republic of Turkey

Regulation

  • finance

FTSE Russell maintains Turkey's market status

FTSE Russell has decided to maintain Turkey's status as an 'Advanced Emerging Market' following recent fund investigations, Sabah reports. This decision comes after concerns about systemic risks in Turkey's financial system were addressed by international agencies, including S&P and Moody’s.

Impact Fund managers and investors in Turkish markets retain confidence as FTSE Russell upholds market status.

Sources: Sabah ↗

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

  • defence

ASELSAN secures $125M export contract

Aselsan SARP remote weapon turret
Aselsan SARP remote weapon turret Vitaly V. Kuzmin, CC BY-SA 4.0 via Wikimedia Commons

ASELSAN has signed a $125 million export contract with an undisclosed foreign end-user for the sale of weapon and electronic warfare systems, according to Yeni Safak. This agreement is expected to positively impact ASELSAN's revenue. STAR and haber7.com confirm the deal's value at 6.1 billion Turkish Lira.

Impact Defence sector exporters see increased revenue potential from international contracts.

Sources: Yeni Safak ↗, STAR ↗, haber7.com ↗

Markets

  • finance

Borsa Istanbul closes with gains

Borsa Istanbul's BIST 100 index closed with a 0.75% gain at 12,213.58 points, Anadolu Agency reports. The index had started the day with a 0.32% rise. Investors are focused on the Federal Reserve's interest rate policy and Middle East tensions, according to haber7.com.

Impact Investors in Turkish equities experience gains amid global market focus.

Sources: Anadolu Agency ↗, haber7.com ↗, Anadolu Agency ↗

  • finance

Goldman Sachs predicts no rate cut by TCMB

Goldman Sachs forecasts that the Central Bank of Turkey (TCMB) will not cut interest rates at its October meeting, despite market expectations, Cumhuriyet reports. The bank cites inflation outlook, reserve losses, and pressure on the Turkish Lira as limiting factors for a rate cut.

Impact Lenders and borrowers in Turkey face stable interest rates as TCMB maintains caution.

Watch TCMB's next meeting on 22 October · 22 October 2026

Sources: Cumhuriyet.com.tr: Son Dakika ↗

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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