The BIST 100 is the most important
Turkish stock index
In finance, a stock index, or stock market index, is an index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calculate market perform ...
. The abbreviation BIST stands for
Borsa Istanbul
The Borsa Ä°stanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) (), the Istanbul Gold Exchange () and the Derivatives Exchange of Turkey () under one umbrella. It was establishe ...
(Istanbul Stock Exchange). The BIST 100 provides information on the
share price
A share price is the price of a single share of a number of saleable equity shares of a company.
In layman's terms, the stock price is the highest amount someone is willing to pay for the stock, or the lowest amount that it can be bought for.
B ...
performance of the 100 largest companies on the Istanbul Stock Exchange. It thus reflects the market segment for Turkish
blue chips and is the leading index for the Turkish stock market.
Index
The BIST 100 is a
price index
A price index (''plural'': "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a specific region over a defined time period. It is a statistic ...
and contains the 100 largest Turkish stocks
weighted by market capitalization.
The index level is determined exclusively on the basis of share prices. Dividend payments are not included in the calculation of the index. The BIST 100 has been calculated since January 1, 1986. The index base was initially 100 points. With effect from December 27, 1996, the index was divided by 100, setting the 1986 base value at 1 point.
With effect from July 27, 2020, the index was divided by 100 again, setting the base value from 1986 at 0.01 point. The index is calculated in
Turkish lira
The lira (; Currency sign, sign: Turkish lira sign, ₺; ISO 4217, ISO 4217 code: TRY; abbreviation: TL) is the official currency of Turkey. It is also legal tender in the ''de facto'' state of the Turkish Republic of Northern Cyprus. One lira i ...
, which has been very inflationary in the past.
Composition
The 10 largest positions in the index were in February 2024:
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Turkish Airlines
Turkish Airlines (Turkish language, Turkish: ''Türk Hava Yolları''), or legally Türk Hava Yolları Anonim Ortaklığı, is the flag carrier of Turkey. , it operates scheduled services to 352 destinations (including cargo) in Europe, Asia, Oce ...
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Tüpraş
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Bim
Building information modeling (BIM) is an approach involving the generation and management of digital representations of the physical and functional characteristics of buildings or other physical assets and facilities. BIM is supported by vario ...
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Akbank
Akbank T.A.Ş. is one of the largest banks in Turkey. Founded in 1948, , Akbank reported a consolidated net profit of TL 60 billion 26 million. Listed on the Borsa Istanbul, its largest shareholders are members of the Sabancı family. Akbank s ...
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Koç Holding
Koç Holding A.Ş. () is a Turkish multinational industrial conglomerate headquartered in Istanbul, Turkey. It operates as the country's largest company, and the only to be listed on the Fortune Global 500 as of 2024. Koç Holding's contributio ...
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Sabancı Holding
Hacı Ömer Sabancı Holding A.Ş., commonly abbreviated as Sabancı Holding, is an industrial and financial conglomerate with headquarters in Istanbul, Turkey. The company's primary activities are in financial services, energy (electricity genera ...
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Turkcell
Turkcell Ä°letiÅŸim Hizmetleri A.Åž. (''lit. Turkcell Communication Services'') (, ) is the leading mobile phone operator of Turkey, based in Istanbul. The company has 39.3 million subscribers as of September 2021. In 2015, the company's number ...
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Ä°ÅŸbank
İşbank, officially Türkiye İş Bankası, is a commercial bank in Turkey. Founded by the orders of Mustafa Kemal Atatürk in 1924, it is the first bank to go into operation in the Turkey, Republic of Türkiye.
As of a late 2023 report, the b ...
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ÅžiÅŸecam
Şişecam (official name: Türkiye Şişe ve Cam Fabrikaları) is a Turkish glass manufacturing company. In the 2020 fiscal year, the company operated 43 plants in 14 countries. In terms of production capacity, Şişecam is the largest flat glass ...
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Erdemir
Ereğli Demir ve Çelik Fabrikaları T.A.Ş. is a Turkish steel producer. The name is a contraction of the Turkish language ''Ereğli Demir ve Çelik Fabrikaları'', which means "Ereğli Iron and Steel Factories". Erdemir occupies the 43rd place ...
Annual returns
The following table shows the annual development of the BIST 100 since 1990.
See also
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Economy of Turkey
The economy of Turkey is an Emerging market, emerging free-market economy. It ranked as the List of countries by GDP (nominal), 16th-largest in the world and List of sovereign states in Europe by GDP (nominal), 7th-largest in Europe by nominal GD ...
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Borsa Istanbul
The Borsa Ä°stanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) (), the Istanbul Gold Exchange () and the Derivatives Exchange of Turkey () under one umbrella. It was establishe ...
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List of Turkish companies
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List of companies listed on the Istanbul Stock Exchange
References
{{Asian Stock market indices
European stock market indices
Asian stock market indices
Economy of Turkey