FTSE Russell to Maintain Borsa Istanbul Restrictions in December

FTSE Russell's decision to maintain restrictions on Borsa Istanbul may be a mildly negative signal for foreign institutional investor flows, but since this is already known and priced in, its impact may be limited. Technically, XU100 is trading above its SMA20 and SMA50 at the last close, with RSI at 56 in neutral-positive territory and the trend structure intact. MACD remaining slightly below its signal line indicates weakening momentum in the short term. The news alone is not expected to create strong selling pressure; rather, a sideways-volatile course is likely. In the 1-3 day horizon, the bias is neutral, with SMA20 watched as support.

The news reports that FTSE Russell will maintain its restrictions on Borsa Istanbul in December, a development that directly concerns the Turkish market rather than the FTSE 100 index. The technical outlook for the FTSE 100 is currently positive: the price is above the SMA20 and SMA50, the RSI at 65 indicates strength but is close to the overbought threshold, and the MACD is above its signal line. The direct impact of the news on the index is expected to be limited and remain neutral. In the short term, if momentum is maintained, an upward trend is possible, but the RSI level also brings correction risk.