October 28 Highlights: From TOASO to ALTNY

October 28, 2025: Prominent Developments in Borsa İstanbul

As of today, marking October 28, 2025, we have compiled significant developments in Borsa İstanbul. Here are the noteworthy company news:

Tofaş (TOASO) - Merger Approval

Tofaş announced that the merger with Stellantis Automotive Marketing has been approved by the Capital Markets Board (CMB). This step will be an important building block for Tofaş's strategic growth objectives.

Altınay Defense (ALNTY) - New Contracts

Altınay Defense has signed contracts totaling 994,950 TL + VAT and 5.95 million USD + VAT with its domestic clients. This development will contribute to the company's growth targets in the local market.

Şişecam (SISE) - CMB Review

Şişecam submitted an application to the Capital Markets Board regarding the intense sale transactions in its shares. The company announced that no unlawful or criminal elements were found as a result of the examinations conducted.

Margün Energy (MAGEN) - New Investment Areas

Margün Energy, together with its 100% subsidiary Bosphorus Renewable Energy, has decided to acquire 9 geothermal resource permits in Denizli and Manisa. Following this transaction, the newly established company's name will be “Margün Jeotermal”.

Gelecek Varlık (GLCVY) - Auction Success

Gelecek Varlık won the auction for a delinquent receivables portfolio with a principal size of 59.1 million TL in the sale conducted by Fibabank by offering the highest bid.

Other Developments in the Markets

The establishment and partial division of Gökçedağ Wind Energy Production, fully owned by Zorlu Energy, was registered, while Garanti BBVA decided to increase the capital of Garanti Bank International by 250 million euros.

Global Market Situation

Global markets are showing a mixed trend ahead of negotiations between the US and China and the Federal Reserve's interest rate decision. Additionally, the technology giant Amazon's initiation of its largest layoff process is also drawing attention.

A Brief Look at the Turkish Economy

Borsa İstanbul's BIST 100 index started the day with a 0.05% increase at 10,858.67 points. The dollar is trading at 41.95 lira, and the euro is at 48.93 lira. Gram gold is priced at 5,334 TL, and the ounce of gold is finding buyers at 3,962 USD.