September 24th: Developments at LINK, GLCVY, TBORG and KRSTL

Developments of the Day: Borsa Istanbul and the World

We have compiled noteworthy developments in Borsa Istanbul as of September 24, 2025. These news include important opportunities and risk factors for investors.

Company News

• Link Bilgisayar (LINK) has fulfilled its obligations by completing the material purchase contract of 1.27 million TL within the scope of Eskişehir City Security Management System.
• Gelecek Varlık (GLCVY) has successfully completed the transfer of the individual portfolio with a principal amount of 58.5 million TL in Fibabank's non-performing loan sale.
• Turkish Tuborg (TBORG) announced that the Competition Authority approved the acquisition of alcoholic and non-alcoholic beverage shares in Antalya.
• Kristal Kola (KRSTL) announced that it has completed the installation of machinery within the scope of PET line investment in Kırıkkale and started mass production at the facility.
• Adese Gayrimenkul (ADESE), Lux Kadife (LUKSK), Doğan Burda (DOBUR) and Tukaş (TUKAS) shares were banned from short selling and credit transactions until October 23 within the scope of VBTS.
• Cosmos Yatırım (COSMO) shares were banned from order package measures until October 23. Short selling and credit trading bans will continue during this period.

Global Markets Outlook

Global markets have been mixed after US Federal Reserve (Fed) Chairman Jerome Powell's cautious statements on monetary easing and inflation. Powell emphasized that the temporary increase in prices should not become a long-term problem, while drawing attention to the risk of a more persistent inflation.

Recent Developments in Turkish Economy

• BIST 100 index is trading at 11,354.59 points with an increase of 0.20% in Borsa Istanbul.
• Energy Minister Alparslan Bayraktar announced that an LNG supply agreement was signed between BOTAŞ and Mercuria.
• In the free market, the starting values of the dollar and the euro were set at 41.43 and 48.89 TL, respectively.
• Gram gold is trading at 5,024.80 TL, while ounce gold is trading at $3,772.

Share Buybacks and Dividend Expectations

Significant share buyback decisions were taken from various companies yesterday. ENERY and BLUE are among the most prominent ones. Today, MACKO will pay a net dividend of TL 0.46 per share.

Economic Calendar

There are no significant developments on the economic calendar for today. However, it is important for investors to continue to watch carefully.