Three Stocks on Borsa Istanbul to Begin the Day with Caution

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Three Stocks on Borsa Istanbul to Begin the Day with Caution

New measures have been announced as part of the Volatility-Based Precautionary System (VBTS) implemented by the Capital Markets Board (CMB) and Borsa Istanbul. According to the announcement made by Borsa Istanbul, AVGYO and ETILR stocks will not be subject to margin trading from the start of the session on November 27, 2024, until the end of the session on December 26, 2024.

The AVGYO stock, after trading at its upper limit the previous day, declined to the lower limit during yesterday's transactions, closing at 11.16 TL. Meanwhile, ETILR has accelerated its upward momentum since November 14, gaining a 47% increase by yesterday, reaching 49.24 TL.

The measure for IHLAS stock, which rose by 200% in November, has been intensified. In this context, a gross settlement application will begin for IHLAS stocks starting from the session on November 27, 2024, continuing until the end of the session on December 26, 2024. Additionally, the previously implemented restriction on margin trading for IHLAS shares will remain in effect during the gross settlement period.

Since November 5, IHLAS stock has seen rapid increases, mostly at the upper limit of transactions. Accordingly, the share gained a significant value increase of 205% in November.