Decline Continues in Borsa Istanbul: Uptick Rule Activated

Selling pressure persists in Borsa Istanbul. Following a sharp decline in the BIST 100 index below a critical level, Borsa Istanbul management has taken action. To ensure market stability, the 'uptick rule' has been implemented for short-selling transactions, effective until the end of the trading session. This rule requires that the price at which a short sale is executed must be higher than the previous transaction price. Thus, it aims to prevent speculative selling in a declining market. The decision is seen as a step to alleviate investor concerns. The losses in the BIST 100 index are attributed to rising geopolitical risks and volatility in global markets in recent days. Experts note that the uptick rule may provide short-term relief to the market, but more comprehensive measures may be needed for a sustained recovery. This is not investment advice.

📊 XU100 — Piyasa Yorumu

▼ down · 70%

The BIST 100 (XU100) index fell 1.85% in the last session to 14,229.8 points, with the RSI approaching oversold territory at 34. The MACD indicator remains in negative territory and below its signal line, confirming the continuation of downward momentum. The price is trading below both the 20-day (14,437) and 50-day (14,418) moving averages, indicating a weak technical outlook. The activation of the 'Upward Step Rule' mentioned in the news may limit the pace of the decline, but there is no sufficient signal for a short-term reversal. Therefore, while the downtrend is expected to continue in the near term, caution is advised due to the possibility of a corrective buying response as the index approaches oversold levels.

RSI 14

34.0

MACD

-41.70

24h Δ

-1.85%

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