{"id":14472,"date":"2025-08-21T18:52:12","date_gmt":"2025-08-21T18:52:12","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/14472\/"},"modified":"2025-08-21T18:52:12","modified_gmt":"2025-08-21T18:52:12","slug":"turkiyes-stocks-hit-new-all-time-high-as-risk-appetite-keeps-rising","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/14472\/","title":{"rendered":"T\u00fcrkiye’s stocks hit new all-time high as risk appetite keeps rising"},"content":{"rendered":"

T\u00fcrkiye’s stocks climbed for the fifth day and hit a new intraday record on Thursday, as investors’ risk appetite continued to increase, driven by the country’s disinflation efforts and improved geopolitical sentiment.<\/p>\n

Borsa Istanbul Stock Exchange’s benchmark BIST 100 index climbed to a new intraday peak of over 11,301 points, surpassing its previous record of 11,252 set in mid July 2024.<\/p>\n

The rally has delivered investors a nearly 15% return since the beginning of the year.<\/p>\n

The index opened the session at 11,195, up 61.25 points, or 0.55%, from Wednesday’s close. It was last up 1.15% and trading at 11.263 points at 3:35 p.m. local time in Istanbul.<\/p>\n

The banking index rose 1.58% and the holding index gained 0.70% after both started the day in positive territory.<\/p>\n

Earlier this month, the index topped the 11,000-point threshold for the first time since July last year.<\/p>\n

Analysts noted that technical resistance levels for the BIST 100 now stand at 11,300 and 11,400, while 11,100 and 11,000 serve as key support points.<\/p>\n

Since the beginning of the year, the BIST 100 index has outperformed the world’s major indices with a return of approximately 14.4%.<\/p>\n

Disinflation, interest rates, geopolitics<\/strong><\/p>\n

The latest advance was supported by optimism over T\u00fcrkiye’s disinflation efforts and improved geopolitical sentiment amid signs of easing tensions in the Middle East and hopes for a resolution to the Russia-Ukraine war.<\/p>\n

Markets have also been buoyed by the Central Bank of the Republic of T\u00fcrkiye’s (CBRT) return to a rate-cutting cycle as inflation slows under a tighter policy framework.<\/p>\n

Last month, the bank cut its key policy rate by 300 basis points to 43% as it relaunched the easing cycle that was disrupted by political turmoil earlier this year.<\/p>\n

The bank had hiked the one-week repo rate to 46% from 42.5% in April and lifted its overnight lending rates to 49 % following market volatility over the arrest in March of Istanbul Mayor Ekrem Imamo\u011flu.<\/p>\n

Imamo\u011flu was jailed pending trial over graft charges.<\/p>\n

Before April, the CBRT had gradually cut the rate from December as inflation eased.<\/p>\n

Annual consumer price inflation fell to 33.52% in July, sustaining a downward trend after peaking at 75% in May 2024.<\/p>\n

The bank sees it falling to around 24% by the end of the year. It is aiming to cut inflation to 16% by the end of next year and 9% by end-2027.<\/p>\n

Reserves reach new peak<\/strong><\/p>\n

Separate data on Thursday showed CBRT’s total gross reserves reached a new all-time high of $176.5 billion as of Aug. 15.<\/p>\n

The reserves rose $2.14 billion compared to $174.4 billion in the week through Aug. 8.<\/p>\n

CBRT officials last week said the monetary authority would maintain its reserve accumulation policy.<\/p>\n

Since the start of 2025, all sectors except sports and insurance have recorded gains.<\/p>\n

Leasing and factoring led with a staggering 378.05% surge, followed by tourism with 57.86% and construction with 57.08%. The banking index rose 11.9% in the same period, while the holding index added 23.4%.<\/p>\n

Of the 100 stocks included in the BIST 100, 65 have gained value so far this year, while 32 have declined.<\/p>\n

The market value of the BIST 100 exceeded TL 10.3 trillion (around $254 billion).<\/p>\n

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\n This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.\n <\/p>\n","protected":false},"excerpt":{"rendered":"T\u00fcrkiye’s stocks climbed for the fifth day and hit a new intraday record on Thursday, as investors’ risk…\n","protected":false},"author":2,"featured_media":14473,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[13311,13312,79,18,19,17,188,205,992,2245,2246],"class_list":{"0":"post-14472","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-borsa-istanbul","9":"tag-borsa-istanbul-stock-exchange","10":"tag-business","11":"tag-eire","12":"tag-ie","13":"tag-ireland","14":"tag-markets","15":"tag-stock-markets","16":"tag-stocks","17":"tag-turkish-economy","18":"tag-turkiye"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/14472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=14472"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/14472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/14473"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=14472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=14472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=14472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}