Turkish Stock Market Opens Higher: Indexes Up 0.8%

The Turkish stock market opened on a positive note this morning, with indices rising 0.8%.

Opening Momentum on BIST

■BIST 100 climbed to 1,200 points.

■BIST 30 posted a 1.2% gain, while technology stocks surged 1.8%.

■Trading volume exceeded the previous day's 15%.

Sectoral First Moves

■Banking: Garanti BBVA shares rose 2.0%, reflecting upbeat sector expectations.

■Energy: TÜPRAŞ stock climbed 1.5%, buoyed by stable global oil prices.

■Construction: Emlak Konut shares increased 0.9%, aided by new housing project announcements.

Liquidity and Trading Volume

■Daily average liquidity reached 1.2 billion TRY.

■Net foreign investor flows recorded a +250 million USD surplus.

■Futures market volume rose 20%, approaching historic levels.

Near‑Term Outlook

■The Central Bank is expected to keep the policy rate at 13.5%, supporting risk appetite.

■If inflation data comes in at 5.2%, below expectations, further index gains are likely.

■Exchange rates remain steady at 18.90 TRY/USD, providing a stable backdrop.

Markets are signaling strong short‑term liquidity flows with this opening. The cautious optimism seen in banking and energy sectors boosts risk appetite, while the Central Bank's rate decision will be a key driver. Although tightening KOBİ credit conditions and slower commercial loan growth suggest a careful stance in credit markets, current liquidity conditions create a buffer that supports equity performance.