ISTANBUL (AA) – Borsa İstanbul has announced that four stocks have been subjected to a one-month credit trading ban under the Volatility-Based Measures System (VBTS), implemented by decision of the Capital Markets Board of Türkiye (SPK).
According to the public disclosure made via the Public Disclosure Platform (KAP), shares of Kuyaş Yatırım A.Ş. (KUYAS.E), Sun Tekstil Sanayi ve Ticaret A.Ş. (SUNTK.E), Vişne Madencilik Üretim Sanayi ve Ticaret A.Ş. (VSNMD.E) and Sönmez Filament Sentetik İplik ve Elyaf Sanayi A.Ş. (SONME.E) will not be eligible for margin trading or short selling from the beginning of the trading session on May 28, 2025, until the end of the trading session on June 27, 2025.
Borsa İstanbul stated:
“In accordance with the Capital Markets Board decision, under the scope of the Volatility-Based Measures System (VBTS), KUYAS.E, SUNTK.E, and VSNMD.E shares will be excluded from margin trading and short selling transactions between May 28, 2025 (session start) and June 27, 2025 (session end).”
Additionally, a separate statement was made for Sönmez Filament (SONME.E) shares, which will also be subject to an “Order Package Measure” during the same period. This measure includes:
- Restriction on entering market orders and market-to-limit orders,
- Prohibition of order cancellations, order quantity reductions, and worsening of order prices,
- Limitation on the dissemination of order collection information.
The announcement also noted that all previously implemented measures under VBTS, such as short selling and margin trading bans and gross settlement requirements, will remain in effect throughout the duration of the order package measures.
Source: Bloomberght/ Prepared by: İlayda Gök