Uptick Rule Introduced for Short Sales in BIST 100

Borsa Istanbul announced that the uptick rule will be applied to short sale transactions until the end of the session, following a decline exceeding 2% in the BIST 100 index as of 16:44. This decision was made to limit sudden selling pressure in the market and ensure stability. The uptick rule allows short sales to be executed only at a price higher than the last traded price. This regulation aims to prevent speculative selling, especially during periods of increased volatility. Borsa Istanbul's move is considered a market regulatory measure by investors. It is noted that if the decline in the index continues, similar measures may be introduced. This is not investment advice.