Turkey’s BIST 100 index fell to the 10,700 mark in early September, its lowest level since late July, weighed down by mounting political tensions. An Istanbul court ruled that cash payments influenced voting at the Republican People’s Party’s (CHP) 2023 Istanbul provincial congress and ordered the removal of the leadership elected at the event. In response, the CHP called for protests in Istanbul. Political risks, combined with a higher-than-expected August 2025 inflation reading of 32.95%, led investors to speculate that the central bank has limited room to cut interest rates this month. Banking and financial stocks were among the hardest hit.
Reprinted from tradingeconomics，the copyright all reserved by the original author.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now