StocksMedium•22 October 2026•
1 min read
Turkey's BIST 100 Index Closes Down 3.08% Amid Slumping Consumer Confidence
Key Facts
1The Turkish BIST 100 index closed sharply lower, falling 3.08% at the end of the trading session.
The Turkish BIST 100 index closed sharply lower, falling 3.08% at the end of the trading session on October 22, 2026. Investing.com reported that Turkish equities experienced a significant sell-off, with the benchmark index losing over 3% of its value by the market close.
The downturn followed economic data showing Turkey's Consumer Confidence fell to 84.8 on October 22, 2026, missing the forecast of 92. On the same day, the central bank delivered an Interest Rate Decision to cut rates to 36% from a previous 37%, while Business Confidence was recorded at 99.8 on October 21, 2026, down from the prior period.
Turkey's Unemployment Rate is scheduled for release on October 27, 2026, with market forecasts expecting a level of 7.9%.