BIST Revises Free Float Ratios for Seven Listed Stocks

The Istanbul Stock Exchange updated the free‑float ratios for seven listed companies effective July 16.

Top‑Level Revision: Company‑Specific Adjustments

■Borlease Automotive: Free‑float ratio revised.

■Fuzul REIT: New ratio disclosed as %.

■Işık Plastic: Float ratio recalculated.

■Özata Shipping: Updated free‑float data released.

■SASA: Ratio change announced.

■Şekerbank: Free‑float ratio refreshed.

■TERA Investment: New ratio officially published.

Liquidity and Investor Behaviour Implications

■Lower free‑float can heighten per‑share volatility.

■Higher ratios may ease access for institutional investors.

■Updated figures could reshape BIST 30 index weightings.

■Companies are likely to reassess capital‑raising and dividend policies based on the new ratios.

Expert Commentary (Hakan Çelik): This sudden overhaul of free‑float ratios signals a redistribution of market liquidity. For mid‑cap firms such as Şekerbank and SASA, an expanded pool of free shares may attract foreign institutional buying. Nonetheless, stocks with persistently low floats remain prone to price swings; investors should tighten risk‑management frameworks to navigate the heightened sensitivity.