Borsa Istanbul BIST 100 bounces off a bruising drop — here’s what could move Turkish stocks next
Borsa Istanbul’s BIST 100 closed up 0.94% at 13,934.06 on Friday, partly recovering from Thursday’s 3.2% drop. Destek Finans Faktoring surged 9.16%, while the lira slipped to 43.84 per dollar. Annual inflation stood at 30.65% in January, with the central bank’s policy rate at 37%. February inflation data is due March 3, ahead of the central bank’s March 12 meeting.