CMB Updates Free Float Calculation Criteria on Borsa Istanbul
📊 XU100 — Piyasa Yorumu
■ neutral · 55%The Capital Markets Board of Turkey's (SPK) update to its criteria for calculating free-float ratios is likely to influence the index weights of specific stocks rather than act as a direct market-wide directional driver. Technically, the RSI at 72.8 indicates overbought conditions, and the price trading above short-term moving averages may partially cap the pace of the rally. The MACD is positive but close to its signal line, suggesting momentum is not robust. The news could be perceived as a regulatory step that may alter market structure in the medium term, but in the short term, investors are expected to maintain the prevailing trend. Therefore, rather than anticipating a clear direction, a sideways movement appears more probable.