Business · Economy · 1 hr ago
Turkey’s Borsa Istanbul closes higher as August current account shows surplus
Turkey’s Borsa Istanbul stock market closed higher on Tuesday, though the report did not give the overall index’s closing level or daily change.
Banking shares rose 1.22%, while holding companies’ shares slipped 0.23%.
Trade shares led sector gains, while financial leasing and factoring fell most, dropping 5.35%.
Separately, Turkey recorded a $4.053 billion current-account surplus in August, and the balance excluding gold and energy showed an $8.205 billion surplus.
The current account tracks money flowing into and out of a country through trade and other transactions, so its balance offers a measure of external finances.
Investors will watch economic data due abroad next, including inflation and trade figures from China and the US, as well as the US Federal Reserve’s Beige Book.
Borsa Istanbul closed higher on Oct. 13, while Türkiye reported a current account surplus of about $4.05 billion for August.
The surplus excluding gold and energy was $8.205 billion, according to figures reported by Sabah.
Türkiye’s 12-month rolling current account deficit stood at $42.1 billion in August, according to the central bank.
The banking index gained 1.22%, while the holding index fell 0.23%.
- Who
- Türkiye’s central bank reported the current account figures; Borsa Istanbul investors traded shares.
- What
- Borsa Istanbul closed higher as Türkiye recorded an August current account surplus of $4.053 billion.
- When
- The surplus was for August, and the market closed higher on Oct. 13, 2026.
- Where
- Türkiye.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Türkiye recorded a current account surplus of $4.053 billion.
The central bank reported the August current account figures, and Borsa Istanbul closed higher.
- August current account surplus
- $4.053 billion
- Surplus excluding gold and energy
- $8.205 billion
- 12-month rolling deficit
- $42.1 billion
- Banking index
- Up 1.22%
- Holding index
- Down 0.23%
2 sources
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What people are saying
As regards the real estate investments, residents purchased $142 million of real estate abroad, while non-residents realized net purchases of $244 million in Türkiye
As regards the annualized figures, the current account deficit was mainly financed through portfolio investment with a net inflow of $5.5 billion, loans with a net inflow of $47.1 billion and trade credits with a net inflow of $0.5 billion