Short selling continues upwards in BIST 50

The upward step rule in short selling of shares in the BIST 50 index will also be applied today. It was decided that the upward step rule in short selling transactions applied between October 14-3 in shares included in the BIST 50 index will also be applied in today's session. Accordingly; in shares where short selling transactions can be made, short selling transactions can be carried out at a price higher than the last realized transaction price of the capital market instrument to be subject to short selling. However, if the last realized price of the capital market instrument subject to short selling is higher than the previous price, short selling transactions can also be carried out at the last realized price level. In Borsa Istanbul's statement, it was requested that investors and investment institutions show due attention to the fact that sales made during the day without ownership and then closed with purchases made on the same day are also within the scope of short selling, and that the orders for sales of this nature should be transmitted by marking the short selling option. Borsa Istanbul management returned to the upward step rule applied to short selling of BIST 50 shares, which it had applied for a while in the February-March 2022 period and then abandoned, on September 14.