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78/100 Bearish 12.11.2026 · 04:37 Finrend AI ⏱ 1 dk 👁 7 TR

Changes in MSCI Turkey indices: Sabancı Holding and Astor's index changed

Global index provider MSCI has made a scope change in its Turkey indices. According to the adjustment made by the company, Sabancı Holding (SAHOL) and Astor Enerji (ASTOR) have been removed from the MSCI Turkey Index and included in the MSCI Turkey Small Cap Index. This change indicates the transition of these two companies from large-cap index coverage to small-cap index coverage. Such decisions by index providers can affect the position of the relevant stocks among index funds and institutional investors. MSCI also removed 18 stocks from the small-cap index. This adjustment led to a change in the composition of the MSCI Turkey Small Cap Index. Index changes stand out as a development followed in terms of portfolio adjustments of passive funds and investor flows. Not investment advice.

📊 SAHOL — Piyasa Yorumu

■ neutral · 45%

The MSCI index change news does not carry a direct directional signal for SAHOL; it is unclear in which direction the index change is. The technical picture is weak: the price is below SMA20 and SMA50, below the MACD signal line, and RSI at 43 places it in neutral-to-weak territory. A 1.32% decline over 24 hours confirms short-term selling pressure. Index-driven passive fund flows may create volatility after the news, but given the directional uncertainty, a cautious neutral stance is appropriate. Over 1-3 days, support should be watched around 86.15, with 87.19 (SMA20) as resistance.

RSI 14
43.6
MACD
-0.02
24h Δ
-1.32%

📊 ASTOR — Piyasa Yorumu

▲ up · 55%

In MSCI Turkey indices, the news of Astor's index change can be considered a positive catalyst in the short term in terms of passive fund flows. In the technical outlook, the price is trading above SMA20 and SMA50, RSI at 55 is far from the overbought zone, and MACD supports positive momentum above the signal line. The 24-hour rise of 2.55% also indicates that short-term buyer interest is strengthening. However, since the direction and magnitude of the index change have not become clear, it should be kept in mind that the impact may remain limited and news-driven volatility may continue. For this reason, I maintain the direction as moderately positive and confidence at a medium level.

RSI 14
55.6
MACD
1.20
24h Δ
2.55%

📊 XU100 — Piyasa Yorumu

■ neutral · 55%

MSCI index changes typically trigger passive fund flows, but the impact remains limited at the individual stock level; it is not a direct and major directional signal for the XU100. The technical picture is indecisive: RSI at 51 is in neutral territory, while MACD below its signal line (47.8 vs 64.1) points to weak momentum. The price is slightly below the SMA20 (11716) but above the SMA50 (11569), suggesting a sideways, range-bound course in the short term is likely. The 24-hour change is nearly zero (+0.04%), suggesting the news may already be priced in. Direction is uncertain for the next 1-3 days; the index is expected to remain in the 11570-11720 band.

RSI 14
51.3
MACD
47.83
24h Δ
0.04%
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