Borusan Mannesmann shares will not be subject to short selling and credit transactions from 6 September 2023 (beginning of the session) to 5 October 2023 (end of session) within the scope of the Volatility Based Measures System (VBTS), which was put into use pursuant to the Capital Markets Board (CMB) decision.
In Borsa İstanbul's statement to the Public Disclosure Platform, no further details were given about the reasons for this measure. However, such measures are generally taken to prevent sudden fluctuations or instability in the stock market.
This measure taken by Borsa İstanbul is important for investors and market participants trading in Borusan Mannesmann shares. A restriction has been imposed on transactions to be made with Borusan Mannesmann shares within the specified date range.
In the statement made by Borsa İstanbul to KAP, it was stated:
"Within the scope of the Volatility Based Precautionary System (VBTS), which was put into use pursuant to the Capital Market Board decision, BRSAN.E shares cannot be subject to short selling and credit transactions from 06/09/2023 (beginning of session) to 05/10/2023 (end of session). .
Note: The measures brought under the VBTS are evaluated separately from the trading rules of the market/platform where the share is traded, the trading principles applied for market change or other reasons. Accordingly, VBTS measures continue to be implemented until the end of the measure period, apart from the validity period of the transaction principles put into effect with other regulations or decisions.