20.10.202512:37:00UTC+00BIST 100 Below August-Highs

In October 2025, Turkey’s BIST 100 index experienced a decline to approximately the 10,000 mark, marking its lowest point since early July, before witnessing a modest recovery. Despite this rebound, the benchmark index remains significantly below the record highs achieved in August, as investors continue to grapple with ongoing political uncertainties and escalating inflation pressures. A major area of investor focus is the impending ruling from a Turkish court regarding the leadership conflict within the main opposition party, CHP, which is set for October 24th. The political landscape is further complicated by prosecutors seeking authorization from the Interior Ministry to initiate an investigation into Ankara's Mayor, Mansur Yavas, who is considered a potential rival to President Erdogan. Economically, annual inflation rose for the first time in fifteen months, reaching 33.29% in September, although the central bank is still broadly anticipated to implement a 100 basis-point interest rate cut this week. Meanwhile, in corporate developments, the defense company Aselsan has exhibited remarkable growth, with its share value increasing nearly 200% this year, bolstered by a robust global defense sector benefiting from increased military expenditures worldwide.