Turkey’s capital markets regulator banned short-selling across all stocks and relaxed share buyback rules in a bid to prevent further equity losses after the country’s benchmark index tumbled last week following the detention of a prominent opposition leader.
The new rules, [announced](https://spk.gov.tr/duyurular/basin-duyurulari/2025/basin-duyurusu_23032025) late Sunday, broaden a previous ban that limited short-selling to only the top-50 listed companies. In addition, the regulator has allowed listed companies to repurchase shares at prices above the last market close and reduced the minimum equity capital protection requirement for margin trading to 20% from 35%.
The moves come in the wake of the arrest of Istanbul Mayor Ekrem Imamoglu, a rival to President Recep Tayyip Erdogan. Imamoglu’s detention on Wednesday sparked a market rout, sending the Turkish lira to an all-time low and driving bond yields higher. The banking stocks index posted its steepest weekly drop since at least 2001. In response, the central bank raised a key interest rate in an unscheduled meeting Thursday.
G3_aesthetics_rule on
*Or* Erdogan could just not arrest all of his opponents, but I guess that would be too hard
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Turkey’s capital markets regulator banned short-selling across all stocks and relaxed share buyback rules in a bid to prevent further equity losses after the country’s benchmark index tumbled last week following the detention of a prominent opposition leader.
The new rules, [announced](https://spk.gov.tr/duyurular/basin-duyurulari/2025/basin-duyurusu_23032025) late Sunday, broaden a previous ban that limited short-selling to only the top-50 listed companies. In addition, the regulator has allowed listed companies to repurchase shares at prices above the last market close and reduced the minimum equity capital protection requirement for margin trading to 20% from 35%.
The moves come in the wake of the arrest of Istanbul Mayor Ekrem Imamoglu, a rival to President Recep Tayyip Erdogan. Imamoglu’s detention on Wednesday sparked a market rout, sending the Turkish lira to an all-time low and driving bond yields higher. The banking stocks index posted its steepest weekly drop since at least 2001. In response, the central bank raised a key interest rate in an unscheduled meeting Thursday.
*Or* Erdogan could just not arrest all of his opponents, but I guess that would be too hard