Trading Volume and Count at Year's Lowest Levels on Borsa Istanbul
Due to the uncertainties and losses created by the mutual fund crisis on Borsa Istanbul, trading volume and share counts in the BIST 100 index have dropped to the lowest levels of the year.
The mutual fund crisis and uncertainties on Borsa Istanbul caused the trading volume in the BIST 100 index to drop to 81.4 billion liras and trading counts to fall to 3.8 billion, recording the lowest levels of the year.
Mutual Fund Crisis and Trading Volumes
Borsa Istanbul continues to cope with the losses brought by the mutual fund crisis, and on the first trading day of the week, the trading volume in the BIST 100 index fell to 81.4 billion liras. While this figure points to the second lowest level seen in the year, it revealed a volume 54 percent lower compared to the pre-crisis period.
Historical Decline in Trading Counts
Parallel to the trading volume, a weak trend is also observed in trading counts. The 3.8 billion trading volume on Monday was recorded as the third lowest trading count of the year and remained well behind historical averages.
Limit-Down Series in Fund Portfolios
The limit-down series of stocks in the portfolios of funds undergoing liquidation on Borsa Istanbul continues. Some stocks have seen their 20th consecutive limit-down session uninterruptedly since September 15, which is among the factors increasing losses and uncertainty.
Experts' Expectations and Comments
Experts emphasize that the losses experienced have pushed investors into a wait-and-see position until normalization is achieved. It is stated that a similar trend may continue until a new pricing catalyst comes into play and convinces investors.
2027 Return Expectations
While it is stated that upcoming third-quarter financials and corporate news flow could create a partial increase in activity, it is anticipated that 2027 expectations taking shape in December may allow sidelined investors to return.
Gedik Investment Report and Targets
Gedik Investment economists set a target of 19,380 points for the BIST 100 index with a 58 percent return potential. The report projected that the policy rate would drop to 35 percent by the end of the year and additional rate cuts would be made in the first half of 2027.