Borsa Istanbul

Nasdaq no longer has a stake in Borsa Istanbul, according to partnership structure data on the Turkish stock exchange's website on Sept. 26, having previously held a 7 percent stake.

Turkey's Borsa Istanbul has developed a blockchain-based system for healthy information flow among financial institutions, it announced on Sept. 5. 

Turkey's main stock exchange Borsa Istanbul has started work on setting up a swap market, beginning with foreign currency markets, it said in a statement on Aug. 27. 

There was a big question mark on how the markets would react two days after the failed July 15 coup attempt. On July 18, the main index of Borsa Istanbul plunged at opening but economic activity and banking system operations continued uninterrupted the remainder of the week.

Turkey's main stock exchange, Borsa Istanbul, has said it has converted all of its cash assets into Turkish Lira to show its confidence in the country's economy. 

Scandinavian Telia AB has sold about 1.78 billion Turkish liras ($508 million) worth of stock in Turkey's largest mobile operator,  Turkcell İletişim,  in order to focus on its operations in the Nordics and Baltics.

Stockholm-based Telia agreed to sell 153.5 million Turkcell shares - its 7 percent direct stake - to institutional investors, the company said in a statement on Sept 19.

Turkey's national flag carrier Turkish Airlines carried 44.9 million passengers from January to August 2017, the airline has announced.

The total number of passengers carried by the airline rose 6.1 percent in the first eight months of the year over the same period in 2016, Turkish Airlines said on Sept. 15. 

Tepe Construction and Sera Yapı, two TAV Airports shareholders, have sold more than 13.7 million shares at 19.85 Turkish Liras per share in the company, corresponding to 3.76 percent of stake in the capital of the company, to foreign corporate buyers, TAV said in a press release on Sept. 12. 

The shareholders have pledged not to sell any more shares for 270 days.

The profits of nine top Turkish lenders traded on Borsa Istanbul rose by 32.9 percent in the first half of the year from the same period in 2016, according to data from the Public Disclosure Platform (KAP).      

Turkey imported 62.8 tons of gold in July, the highest on a monthly basis since the establishment of the Borsa Istanbul Precious Metals Markets in 1995. 

This represented a 1.328 percent year-on-year increase compared to the same month of 2016, when some 4,401 tons of gold was imported.