ISTANBUL, March 2 (Bernama-Xinhua) — Türkiye’s capital markets regulator on Monday temporarily banned short selling on Borsa Istanbul, the country’s main stock exchange, to curb market volatility amid escalating regional conflict, reported Xinhua.
The Capital Markets Board of Türkiye said in a statement on Sunday evening that the measure, effective until the close of trading on March 6, was introduced to safeguard market stability and protect investors.
Short selling — a practice that allows investors to profit from falling share prices — and similar intraday positions are included in the ban.
The regulator also announced temporary flexibility in margin trading rules, lowering the minimum equity maintenance ratio from 35 per cent to 20 per cent until March 6 to ease pressure on investors.
The move comes as Turkish financial markets react cautiously to coordinated US and Israeli strikes on Iran and Iran's retaliatory attacks across the Middle East.
— BERNAMA-XINHUA
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