September 29, 2025: Important developments from ELITE, BANVT and TTKOM

September 29, 2025: Today's Highlighted Developments

As of September 29, 2025, prominent developments on Borsa Istanbul continue to attract investors' attention. Here are the significant company news of the day:

Key Company News

• Elite Natural (ELITE) announced a significant agreement with KeHE Distributors for the distribution of its private label products.
• Banvit (BANVT) was fined an administrative penalty of 947.30 million TL by the Competition Authority.
• It was decided that the land, in which Tofaş (TOASO) and Koç Holding (KCHOL) hold a 15.7% share, would be transferred to Temel Ticaret ve Yatırım.
• Koç Metalurji (KOCMT) purchased an area of 781,901.98 m² for 134.48 million TL to establish a Solar Power Plant (GES) in Muş.
• Türk Telekom (TTKOM) secured its financing needs by signing a long-term credit agreement worth 221.78 million dollars with HSBC.

Pulse of Global Markets

In global financial markets, expectations of a rate cut by the US Federal Reserve continue, with investors closely monitoring these developments. Furthermore, it is rumored that OPEC+ will approve a new production increase of at least 137,000 barrels per day. Meanwhile, Chinese electric vehicle manufacturer BYD plans to achieve 20% of its global sales through exports this year.

Headlines from the Turkish Economy

BIST 100 index on Borsa Istanbul opened with a 0.35% decrease at 11,112.30 points. The economic confidence index, which was 97.9 in August, increased by 0.1% to 98 in September; this marks its highest level since March. Spot gold prices hit a historic record, rising to $3,817 per ounce. The US Dollar and Euro are trading at 41.57 TL and 48.76 TL, respectively, in the free market.

Share Buybacks and Dividend Distributions

Yesterday, many companies decided to buy back their shares. BİM (BIMAS) repurchased 50,000 shares at 529.00 TL, while ENERY bought back 1,930,901 shares at 10.34 TL. MAVI repurchased 300,000 shares at 38.34 TL, and AHGAZ bought back 173,418 shares at 31.22 TL. However, no company is scheduled to pay dividends today.

Economic Developments

There are no other prominent economic developments on today's calendar. Investors continue to carefully monitor market developments.

The information provided herein does not constitute investment advice.