Short Selling Ban Extended on Borsa Istanbul

The Capital Markets Board of Turkey (SPK) has extended the duration of the short selling ban on Borsa Istanbul. Previously valid until a specific date, the ban will now continue indefinitely under a new decision. This measure was taken to control market volatility and maintain investor confidence. Short selling allows investors to sell stocks they do not own, and prohibiting such transactions aims to reduce speculative pressures in the markets. The SPK's move is seen as a precaution against the recent increase in volatility. The extension covers all stocks traded on Borsa Istanbul. While no specific date has been given for the lifting of the ban, it is stated that a reassessment may be made once market conditions return to normal. This is not investment advice.