Divergence in Borsa İstanbul in the First Eight Months of the Year in TRY and USD Terms

Serdar HocamAuthor & Editor

In the first eight months of 2026, increases in Turkish lira terms dominated Borsa İstanbul overall, while declines came to the fore in dollar-based indices.

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In the first 8 months of 2026, while stocks rising in TRY terms were in the majority on Borsa İstanbul, the outlook reversed in USD terms with the BIST100 index, where declining stocks gained weight, and a distinct divergence was observed in the markets.

General Market and Index Data

According to Matriks Haber data, across the BISTTUM, 276 stocks gained value while 210 stocks declined and 89 stocks showed no change. In the BIST100 index, 57 stocks rose while 43 registered a decline in TRY terms.

In the evaluation in dollar terms, 41 stocks showed an increase while 59 experienced a decline in the BIST100 index, which clarified the divergence between the two currencies.

Index-Based First Eight Months of the Year

During the first 8-month period of the year, the BIST30 index recorded an increase of 34.24 percent in TRY terms. In the same period, the BIST100 index rose by 25.90 percent while the BIST Bank index fell by 1.02 percent.

Among the stocks in the BIST50 index, 34 rose while 16 lost value. In the BIST30 index, 23 stocks recorded gains while 7 experienced declines.

Top Gainers and Losers

In TRY terms within BISTTUM, Özata Denizcilik provided the highest return with a rate of 2,933.25 percent. This company was followed by Birleşim Grup Enerji, Anel Elektrik, Katılımevim, and Prizma Pres Matbaacılık.

The sharpest loss in value during the first eight-month period was seen in Kiler Holding shares, which exhibited the weakest performance in the market.

Highlights in Terms of Trading Volume

Throughout the specified eight-month period, the highest trading volume on the stock exchange took place in Turkish Airlines shares.

Turkish Airlines was followed respectively by Aselsan, Akbank, Astor Enerji, and Türkiye İş Bankası C shares.