Borsa Istanbul Stock Exchange (BIST) on Monday lifted its ban on short selling in the equity market after temporary market restrictions introduced due to the Iran war expired.
The bourse said the measures imposed by the Capital Markets Board (SPK) in early March expired on Friday.
In a statement to the Public Disclosure Platform (KAP), BIST said it had reinstated the 5:1 order-to-trade ratio (OTR) in the equity market. The change took effect on Monday.
The Capital Markets Board had imposed a ban on short selling in Borsa Istanbul's equity market on March 1 after Israel and the United States launched attacks on Iran, triggering sharp declines in global equity markets.
The restriction had been extended several times until June 26.
