December 24: Featured Company Developments and Market Status

Developments in Borsa Istanbul on December 24

As of December 24, 2025, we have compiled noteworthy company news from Borsa Istanbul. The highlighted developments today include Bim (BIMAS), ARD Bilişim (ARDYZ), Doğuş Otomotiv (DOAS), VBT Yazılım (VBTYZ), and Kordsa (KORDS).

BIMAS's New Strategy

Bim (BIMAS) has decided to shelve its plans to establish a digital participation bank and instead opted to establish a traditional participation bank. This development has grabbed the attention of investors and the market.

ARDYZ Signs Contract

ARD Bilişim (ARDYZ) has signed a contract worth 18.60 million TL with a private company for the 'Hardware Upgrade and Capacity Increase of the Data Backup Device' to be used in Türksat Data Centers.

New Agreement from DOAS

Doğuş Otomotiv (DOAS) has signed a letter of intent for a new agreement regarding the sales and after-sales service of Volkswagen branded passenger cars in Syria. This agreement could strengthen its international operations.

VBTYZ and SGK Collaboration

VBT Yazılım (VBTYZ) has signed a contract worth 207.4 million TL with SGK for "Medula and Insurance Database Software License Update and Support Maintenance Services." This will significantly contribute to the company's growth strategy.

KORDS's Major Loan Agreement

Kordsa (KORDS) has signed loan agreements totaling 200 million dollars and 50 million euros with five financial institutions. This loan will be used for the company's future projects.

Global Market Situation

In global markets, risk appetite continues to stay high due to the stronger than expected growth in the U.S. However, declining trading volumes remain a significant factor as many stock exchanges are closed for the Christmas holiday.

Recent Developments in the Turkish Economy

The BIST 100 index on Borsa Istanbul started the day with a 0.24% increase at 11,317.01 points. The Ministry of Trade stated that the minimum wage increase would not be allowed to cause price increases. Additionally, the dollar is trading at 42.84 TL, and the euro is trading at 50.65 TL.

Main Points for Investors

Considering today’s developments, investors should take into account market volatility and adjust their strategies accordingly.