Turkish Stocks Surge 2.3% in Single-Day Rally as Central Bank Fuels Market

Turkish Stocks Surge 2.3% in Single-Day Rally as Central Bank Fuels Market Turkey's main stock market index rocketed higher this week, fueled by a direct intervention from the country's central bank designed to pump money into equities. The benchmark BIST 100 index jumped 2.34% in a single session, a gain of roughly 316.4 points, following the announcement of a new funding strategy [71758]. The Central Bank of the Republic of Turkey (CBRT) stated it would provide cheaper financing to commercial banks that increase their purchases of domestic stocks, a move aimed explicitly at supporting the market [80220]. This policy-driven surge contributed to a volatile but upward trend for Turkish stocks. The market had opened the week higher, with the BIST 100 gaining 0.25% as investors anticipated the central bank's regular rate decision [121767]. The positive momentum continued into midweek, with the index opening one session up approximately 99.1 points [110976] and another with a gain of 26.64 points [33768]. The rally marks a sharp reversal from recent downturns. Just days earlier, the BIST 100 had fallen sharply, dropping 20.7 points in a single day as part of a global sell-off that spooked investors [33252]. Analysts view the central bank's new policy as a clear shift, using its financial tools to steer investment toward local stocks [80220]. The market's strong performance was not limited to a single day. The BIST 100 also opened the new trading year of 2026 with a powerful 2.1% surge, gaining 236.86 points in its first session [40181]. While daily fluctuations continue—with the index sometimes opening higher only to close lower [12525]—the overarching trend has been one of significant gains driven by domestic policy support. Turkish Stocks Surge 2.3% in Single-Day Rally Turkish Stock Market Surges on Central Bank Boost BIST 100 Climbs as Markets Eye Central Bank Decision Turkish Stocks Surge in Midweek Rally Turkish Stocks Surge at Midweek Open Turkish Stock Market Plunges Amid Global Sell-Off Turkish Stocks Soar 2.1% in First Session of 2026 Turkish Stock Market Drops on Tuesday