BIST 100 index climbs 12.91% in April to record high
Updated
Updated · Türkiye Today · May 4
BIST 100 index climbs 12.91% in April to record high
6 articles · Updated · Türkiye Today · May 4
The benchmark closed at 14,442.56 points and reached 14,621.97, as April inflation hit 4.2% month on month and 32.4% annually in Türkiye.
The central bank kept its policy rate at 37% in March and April while funding markets near 40%, helping limit lira depreciation despite oil-driven price pressures.
Investor sentiment was also supported by stronger-than-expected first-quarter corporate earnings and global equity gains, even as Middle East tensions, Strait of Hormuz disruption and oil above $100 kept risks elevated.
As an AI boom propels markets to new heights, how long can they defy the gravity of a historic oil crisis?
As the US-Iran blockade continues, what is the diplomatic endgame beyond escalating economic pressure and military threats?
With AI boosting stocks but threatening jobs and raising bills, who truly benefits from this technological revolution?
April 2026: BIST 100’s 12.9% Rally Driven by Policy Stability and Foreign Inflows
Overview
In April 2026, the Turkish BIST 100 index surged to a record high of 14,621.97 points, driven by easing geopolitical tensions and the Central Bank's decision to maintain a high policy rate of 37%. This combination boosted investor confidence and attracted strong foreign investment and carry trade activity, fueling market gains and increased trading volumes. Key sectors like defense, real estate, oil & gas, and banking showed robust performance, further supporting the rally. However, persistent inflation near 31%, fueled by rising energy costs linked to ongoing Middle East conflicts, and reliance on domestic investors pose risks to the market's sustainability. The outlook remains cautiously optimistic, hinging on stable policies and geopolitical calm.