BIST 100 loses 0.4 percent as rate decision nears

The BIST 100 stood at 11,537 points at 1:00 p.m. TRT on October 22, down 40 points or 0.4 percent from the previous close. The index traded lower before Turkey's central bank decision, which economists expect to bring the policy rate to 36 percent.

The benchmark opened at 11,541 points and moved between 11,506 and 11,598 points during the first half, Haberler reported. Financial leasing and factoring was the weakest sector at the open, while tourism led gains.

Why is the BIST 100 lower at midday?

The Central Bank of the Republic of Türkiye is scheduled to announce its policy decision at 2:00 p.m. TRT. The policy rate stands at 37 percent, while the prevailing economist expectation is a 100-basis-point cut to 36 percent, Haberturk reported.

BIST 100 course and sector performance

At 1:00 p.m. TRT, 45 BIST 100 constituents were higher, 51 were lower and four were unchanged. Technology fell 0.3 percent, services declined 0.3 percent, industry lost 0.7 percent and financials decreased 0.4 percent, according to Haberler.

What comes next for the BIST 100?

The central bank decision is due on October 22, 2026, at 2:00 p.m. TRT. Economists surveyed by AA Finans largely expect the policy rate to fall from 37 percent to 36 percent, but the official decision and guidance will set the next market direction.

BIST 100 price data for October 22, 2026

At 1:00 p.m. TRT on October 22, the BIST 100 stood at 11,537 points, down 40 points or 0.4 percent from the October 21 close of 11,577 points, Haberler reported. It opened at 11,541 points and reached a high of 11,598 points and a low of 11,506 points.

More market reports and analysis on the BIST 100