MSCI warns of “collaborative trading” risks in the Turkish stock market

The report's author stated: "The equity structure of the Indonesian market remains persistently opaque, while instances of coordinated trading activity have emerged, disrupting fair pricing mechanisms and raising questions about the market's investability. The Turkish market faces similar issues, particularly among small-cap listed companies." The report pointed out: "These issues can distort the price formation mechanism and intensify market volatility." MSCI also criticized Turkey's short-selling ban, which was introduced in early March following the outbreak of the Iran conflict. The report from MSCI stated: "Frequent changes in regulatory rules and the continued introduction of various restrictive measures do not reflect the conditions of a mature and well-developed short-selling mechanism."