BORSA İSTANBUL

MARKETS MONTHLY

October 2015

What’s inside

Derivatives Market

Total Traded Value, Breakdown by Underlying Asset,

Open Interest, Number of Trades, Top 10 Members

Fixed Income Market

Traded Value, Breakdown by Instruments, Repo Rate,

Benchmark Bond Rate

Equity Market

Traded Value, Breakdown by Instruments, Traded

Volume, Market Cap., Monthly Top 10s

Consolidated Data

Total Traded Value, Breakdown by Markets, BIST Main Indices

Commodities Market

Total Traded Value, Breakdown by Instruments, Traded Volume,

Member Distribution

2

BORSA İSTANBUL, MONTHLY REPORT, SEPTEMBER 2015

BORSA İSTANBUL CONSOLIDATED Total Value of All Trading (USD billions)

Monthly Traded Value Market Breakdown, October 2015

87.7%

7.4%

4.7%

0.2%

Fixed IncomeMarket

Equity Market

DerivativesMarket

CommoditiesMarket

BIST30 vs BIST Industrial vs BIST Financial Indices 10/30/2014=100

85

90

95

100

105

110

115

120

125

Oct-

14

No

v-1

4

De

c-1

4

Jan

-15

Fe

b-1

5

Ma

r-1

5

Ap

r-1

5

Ma

y-1

5

Jun

-15

Jul-

15

Au

g-1

5

Se

p-1

5

Oct-

15

BIST 30 BIST INDUSTRIAL BIST FINANCIAL

BIST100 Versus BIST30 Cobweb Battle

94

96

98

100

102

104

106

108

11001

0205

06

07

08

09

12

13

141516

19

20

21

22

23

26

27

2830

BIST100 BIST30

10/1/2015=100

Total Value of Trading October 2015-October 2014= 77.77 (USD billions) % Change YoY= 23.8%

BIST100 BIST30 October 30 79.409 98.213

% Change MoM 7.01 7.65

Clic

k fo

r lin

e gr

aph

Click on markets for details

3

BORSA İSTANBUL, MONTHLY REPORT, SEPTEMBER 2015

EQUITY MARKET Total Value of Trading (USD billions)

0

5

10

15

20

25

30

35

40

45

Oct-

14

No

v-1

4

De

c-1

4

Jan

-15

Fe

b-1

5

Ma

r-1

5

Ap

r-1

5

Ma

y-1

5

Jun

-15

Jul-

15

Au

g-1

5

Se

p-1

5

Oct-

15

32

38

42 4239 39

3432 32

28

23

19

30

95%

3%2%

National Market

ETP/ETF Market

Second National Market

Traded Volume (in billions share)

Market Capitalization (USD billions)

0

5

10

15

20

25

Oct

-14

No

v-1

4

De

c-1

4

Jan

-15

Feb

-15

Ma

r-1

5

Ap

r-1

5

Ma

y-1

5

Jun

-15

Jul-

15

Au

g-1

5

Sep

-15

Oct

-15

17

.0

20

.8

20

.4

18

.7

19

.4 20

.9

19

.2

16

.9 18

.8

16

.0

14

.3

13

.1

18

.2

0

50

100

150

200

250

300

Oct

.14

No

v.1

4

De

c.1

4

Jan

.15

Feb

.15

Ma

r.1

5

Ap

r.1

5

Ma

y.1

5

Jun

.15

Jul.

15

Au

g.1

5

Sep

.15

Oct

.15

26

4

28

3

27

0

26

9

24

9

22

9

24

0

23

5

22

7

21

5

19

3

18

6 20

6

Foreign Ownership Ratio & Net Purchases and Sales

168

65.3

-800

-600

-400

-200

0

200

400

600

800

61.0

61.5

62.0

62.5

63.0

63.5

64.0

64.5

65.0

65.5

Oct

-14

Nov

-14

Dec

-14

Jan-

15

Feb-

15

Mar

-15

Apr

-15

May

-15

Jun-

15

Jul-1

5

Aug

-15

Sep-

15

Oct

-15

mill

ion

USD

dol

lars

%

Foreign Net Purchases&Sales BIST Foreign Ownership Ratio

Breakdown of Traded Value

4

BORSA İSTANBUL, MONTHLY REPORT, SEPTEMBER 2015

BLUE CHIPS (Index Constituents Monthly % Returns)

DOHOL (21.57) SISE (16.38) EKGYO (12.75) KCHOL (11.86) EREGL (10.99)

BIMAS (10.53) AKBNK (10.47) TCELL (9.95) DOAS (9.28) VAKBN (8.62)

HALKB (8.42) THYAO (8.03) ARCLK (7.8) GARAN (7.68) PETKM (7.5)

TOASO (7.24) FROTO (6.19) PGSUS (5.95) ISCTR (5.73) KRDMD (5.65)

TTKOM (5.36) YKBNK (5.34) SAHOL (4.4) TUPRS (3.91) ENKAI (3.4)

ULKER (2.87) TKFEN (-0.24) OTKAR (-0.57) TAVHL (-3.58) KOZAL (-25.28)

Leaders: 26 Laggers: 4

Monthly Top 10s in Equity Market Monthly Trading Leaders Top 10 Equities by Traded Value

26%

7%6%

6%6%

4%3%

3%2%

2%

35% GARANTİ BANKASI

T. HALK BANKASI

TÜRK HAVA YOLLARI

AKBANK

İŞ BANKASI (C)

VAKIFLAR BANKASI

VESTEL

AFYON ÇİMENTO

TÜPRAŞ

YAPI VE KREDİ BANK.

OTHERS

BIST30 Heat Map

Contribution of Top 10 Shares

to Total Value of Trading is 65%

BIST30 Top and Bottom Performers (%)

5

BORSA İSTANBUL, MONTHLY REPORT, SEPTEMBER 2015

Top 10 Brokers by Traded Value

8%

8%

7%

7%6%5%

5%4%

3%

3%

44%

GEDİK YATIRIM MENKUL DEĞERLER A.Ş.

YAPI KREDİ YATIRIM MENKUL DEĞERLER A.Ş.

İŞ YATIRIM MENKUL DEĞERLER A.Ş.

GARANTİ YATIRIM MENKUL KIYMETLER A.Ş.

AK YATIRIM MENKUL DEĞERLER A.Ş.

TEB YATIRIM MENKUL DEĞERLER A.Ş.

DENIZ YATIRIM MENKUL KIYMETLER A.Ş.

BURGAN YATIRIM MENKUL DEĞERLER A.Ş.

A1 CAPITAL MENKUL DEĞERLER A.Ş.

FINANS YATIRIM MENKUL DEĞERLER A.Ş.

OTHERS

Top 10 Performers By Monthly Returns (BIST All Shares Index)

0% 10% 20% 30% 40% 50% 60%

EGE Seramik Sanayi ve Ticaret AS

Vestel Elektronik Sanayi ve Ticaret AS

Kiler Alisveris Hizmetleri Gida Sanayi v

Logo Yazilim Sanayi Ve Ticaret AS

Orge Enerji Elektrik Taahhut AS

Dogtas Kelebek Mobilya Sanayi ve Ticaret

Altinyag Kombinalari AS

Vestel Beyaz Esya Sanayi ve Ticaret AS

Aksel Enerji Yatirim Holding AS

Finansbank AS/Turkey

24%

24%

26%

27%

28%

30%

31%

34%

35%

76%

Equ

ity

Mar

ket

Sub

-mar

kets

National Market Second National Market Exchange Traded Products/Funds Market

Emerging Companies Market

Top 10 brokers’

share in total

traded value is

56%

Click on sub-markets to see top performers

6

BORSA İSTANBUL, MONTHLY REPORT, SEPTEMBER 2015

FIXED INCOME MARKET

Total Value of Trading Breakdown of Traded Value (USD billions) by Instruments

0

50

100

150

200

250

300

350

400

Oct

-14

Nov

-14

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Ap

r-1

5

May

-15

Jun

-15

Jul-

15

Au

g-1

5

Sep

-15

Oct

-15

275302

331302

253281 271 257

329 322 323 328354

76.1%

21.6%2.2%

0.1%

0.0%

0.1%

Interbank Repo-Reverse Repo MarketRepo-Reverse Repo MarketBond MarketRepo Market for Specified SecuritiesOffering Market for Qualified Investors

Benchmark Bond Rate

10.19

9.2

9.4

9.6

9.810.0

10.2

10.4

10.6

10.8

11.0

11.2

11.4

11.6

01

.10.

201

5

03

.10.

201

5

05

.10.

201

5

07

.10.

201

5

09

.10.

201

5

11

.10.

201

5

13

.10.

201

5

15

.10.

201

5

17

.10.

201

5

19

.10.

201

5

21

.10.

201

5

23

.10.

201

5

25

.10.

201

5

27

.10.

201

5

31%

14%

13%

7%

5%

4%3%

3% 3% 2%15%

Top 10 Members by Traded Value

TÜRKİYE CUMHURİYET MERKEZ BANKASI

T.C. ZİRAAT BANKASI A.Ş.

TÜRKİYE İŞ BANKASI A.Ş.

TÜRKİYE GARANTİ BANKASI A.Ş.

YAPI VE KREDİ BANKASI A.Ş.

TÜRKİYE HALK BANKASI A.Ş.

AKBANK T.A.Ş.

ODEA BANK A.Ş.

TÜRKİYE VAKIFLAR BANKASI T.A.O.

DENİZBANK A.Ş.

OTHERS

7

BORSA İSTANBUL, MONTHLY REPORT, SEPTEMBER 2015

DERIVATIVES MARKET

Total Notional Value of Derivatives Trading (USD billions)

0

5

10

15

20

25

Oct

-14

No

v-1

4

De

c-1

4

Jan

-15

Feb

-15

Ma

r-1

5

Ap

r-1

5

Ma

y-1

5

Jun

-15

Jul-

15

Au

g-1

5

Sep

-15

Oct

-15

18

.7

15

.1

19

.6

15

.2

20

.7

20

.5

18

.0

15

.8

19

.2

15

.6

18

.6

13

.5

19

.1

Breakdown of Traded Value Value Traded

(USD)

Equity Index Futures 14.758.236.955 77.26

Currency Futures 3.927.966.538 20.56

Precious Metals Futures 47.702.093 0.25

Equity Futures 60.582.915 0.32

ETF Futures 316.445 0.00

Power Futures 8.531.839 0.04

Equity Index Options 74.274.616 0.39

Currency Options 207.626.719 1.09

Equity Options 17.048.126 0.09

Total 19.102.286.245 100

Underlying Asset Share (%)

Open Interest (in thousands)

0

200

400

600

800

1,000

1,200

1,400

Oct

-14

Nov

-14

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Apr

-15

May

-15

Jun-

15

Jul-1

5

Aug

-15

Sep

-15

Oct

-15

64

1

55

7

55

2 61

4

79

2

74

0 80

9

76

9 88

6

93

4

12

39

10

84

10

96

Traded Volume (in millions)

0

1

2

3

4

5

6

7

8

9

Oct

-14

No

v-1

4

De

c-1

4

Jan

-15

Feb

-15

Ma

r-1

5

Ap

r-1

5

Ma

y-1

5

Jun

-15

Jul-

15

Au

g-1

5

Sep

-15

Oct

-15

6.0

4.1

5.8

5.0

7.5

8.7

7.3

6.0

7.8

6.5

8.8

6.9

9.0

Top 10 Members by Traded Value

15%

9%

9%6%

6%6%

5%

4%

3%

3%

34%TEB YATIRIM MENKUL DEĞERLER A.Ş.

GARANTİ YATIRIM MENKUL KIYMETLER A.Ş.

İŞ YATIRIM MENKUL DEĞERLER A.Ş.

SANKO MENKUL DEĞERLER A.Ş.

YAPI KREDİ YATIRIM MENKUL DEĞERLER A.Ş.

GEDİK YATIRIM MENKUL DEĞERLER A.Ş.

CREDIT SUISSE İSTANBUL MENKUL DEĞERLER A.Ş.

AK YATIRIM MENKUL DEĞERLER A.Ş.

YATIRIM FİNANSMAN MENKUL DEĞERLER A.Ş.

DENİZ YATIRIM MENKUL KIYMETLER A.Ş.

OTHERS

Top 10 members’

share in traded

value is 66%

8

All rights reserved. This material issued by Borsa Istanbul Research and Business Development Department is for information purposes only. Although

Borsa Istanbul uses its best endeavours to update the material presented, it does not undertake that all information is accurate or complete, nor

should it be relied upon as such.

COMMODITIES MARKET Total Value of Commodities Trading (USD billions)

0.00

0.50

1.00

1.50

2.00

2.50

Oct

-14

Nov

-14

Dec

-14

Jan

-15

Feb

-15

Mar

-15

Apr

-15

May

-15

Jun-

15

Jul-1

5

Aug

-15

Sep

-15

Oct

-15

0.7

2.3

1.0

1.5

1.2

0.8 0.8

0.4 0.4

1.11.0

0.5

0.8

Breakdown of Traded Value

97%

3%

Gold

Silver

Traded Volume (tons)

0

10

20

30

40

50

60

70

Oct

-14

Nov

-14

Dec-

14

Jan-

15

Feb-

15

Mar

-15

Apr-1

5

May

-15

Jun-

15

Jul-1

5

Aug-

15

Sep-

15

Oct

-15

16.8

61.0

24.9

35.1

29.2

19.2

20.2

10.1

10.5

30.5

26.2

13.7

20.1

32.2

58.3

55.6

38.3

51.9

67.2

40.9

30.3

42.9

30.0 33

.2

47.2

53.4

Gold Silver

23 181341

440

Number of Members

Banks

Precious Metals Companies

Precious Metals Producing andMarketing Companies

FX Offices

Members from Jewellery Sector