| Foundation | 1986 |
|---|---|
| Exchanges | Borsa Istanbul |
| Constituents | 100 |
| Type | Large cap |
| Market cap | 247.8 billion US$ (2024) |
| Weighting method | Capitalization-weighted |
| Related indices | BIST 30, BIST 50 |
| Website | BIST 100 homepage |
TheBIST 100 is the most importantTurkishstock index. The abbreviation BIST stands forBorsa Istanbul (Istanbul Stock Exchange). The BIST 100 provides information on theshare price performance of the 100 largest companies on the Istanbul Stock Exchange. It thus reflects the market segment for Turkishblue chips and is the leading index for the Turkish stock market.
The BIST 100 is aprice index and contains the 100 largest Turkish stocksweighted by market capitalization.[1] The index level is determined exclusively on the basis of share prices. Dividend payments are not included in the calculation of the index. The BIST 100 has been calculated since January 1, 1986. The index base was initially 100 points. With effect from December 27, 1996, the index was divided by 100, setting the 1986 base value at 1 point.[1] With effect from July 27, 2020, the index was divided by 100 again, setting the base value from 1986 at 0.01 point. The index is calculated inTurkish lira, which has been very inflationary in the past.[2]
The 10 largest positions in the index were in February 2024:[2]
The following table shows the annual development of the BIST 100 since 1990.[3]
| Year | Closing level | Change in index in points | Change in index in % |
|---|---|---|---|
| 1990 | 0.33 | ||
| 1991 | 0.44 | 0.11 | 34.18 |
| 1992 | 0.40 | −0.04 | −8.35 |
| 1993 | 2.07 | 1.67 | 416.56 |
| 1994 | 2.73 | 0.66 | 31.78 |
| 1995 | 4.00 | 1.28 | 46.84 |
| 1996 | 9.76 | 5.76 | 143.82 |
| 1997 | 34.51 | 24.75 | 253.65 |
| 1998 | 25.98 | −8.53 | −24.73 |
| 1999 | 152.09 | 126.11 | 485.42 |
| 2000 | 94.37 | −57.72 | −37.95 |
| 2001 | 137.83 | 43.46 | 46.05 |
| 2002 | 103.70 | −34.13 | −24.76 |
| 2003 | 186.25 | 82.55 | 79.61 |
| 2004 | 249.72 | 63.47 | 34.08 |
| 2005 | 397.78 | 148.06 | 59.29 |
| 2006 | 391.17 | −6.60 | −1.66 |
| 2007 | 555.38 | 164.21 | 41.98 |
| 2008 | 268.64 | −286.74 | −51.63 |
| 2009 | 528.25 | 259.61 | 96.64 |
| 2010 | 660.04 | 131.79 | 24.95 |
| 2011 | 512.67 | −147.38 | −22.33 |
| 2012 | 782.08 | 269.42 | 52.55 |
| 2013 | 678.02 | −104.07 | −13.31 |
| 2014 | 857.21 | 179.19 | 26.43 |
| 2015 | 717.27 | −139.94 | −16.33 |
| 2016 | 781.39 | 64.12 | 8.94 |
| 2017 | 1,153.31 | 371.92 | 47.60 |
| 2018 | 912.70 | −240.61 | −20.86 |
| 2019 | 1,144.25 | 231.55 | 25.37 |
| 2020 | 1,476.72 | 332.47 | 29.06 |
| 2021 | 1,857.65 | 380.93 | 25.80 |
| 2022 | 5,509.16 | 3,651.51 | 196.57 |
| 2023 | 7,470.18 | 1,961.02 | 35.60 |
| 2024 | 9,830.56 | 2,360.38 | 31.60 |