BIST 100 closes 0.56 percent lower as rate-cut hopes meet caution
Published on 10/06/2026 at 18:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
BIST 100 closed at 12,374.26 points on October 6, down 0.56 percent, as investors assessed cooler inflation and cautious signals from Turkey's central bank. Anadolu Agency reported that the index opened at 12,437.59, reached 12,445.50 at its high and fell to 12,314.32 at its low.
Course of the session
The index lost 69.66 points from Monday's close. Twenty-eight indices rose and 69 ended lower, while trading volume reached 107.1 billion Turkish liras, according to CNBC-e.
Inflation and policy signals
September consumer inflation slowed to 29.73 percent annually from 31.51 percent in August, below the 30.3 percent market expectation. Monthly inflation was 1.84 percent, according to Anadolu Agency.
Central Bank Governor Fatih Karahan told lawmakers that disinflation should regain momentum if supply pressures ease and that monetary policy would remain cautious, Reuters reported. The comments followed expectations that the cooler inflation reading had strengthened the case for a 100-basis-point rate cut at the October 22 meeting, according to Hurriyet Daily News.
Market breadth and currency
Losses in leasing and factoring, insurance, and chemical, petroleum and plastics shares led the decline. Advancing stocks were outnumbered 374 to 248, with 22 unchanged, according to Investing.com. The USD/TRY rate was 49.00 at 6:20 p.m. local time, while Brent crude stood at USD 98.37, Anadolu Agency said.
Investors next await Turkey's October 22 monetary policy decision. The central bank's policy rate was last held at 37 percent, according to TRT Haber.
