An Analysis of the Dynamic Relationship Between the Turkish Commodity Exchange (TÜRİB) and the BIST Food and BIST 100 Indices
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Akkaynak,
B.
(ed.)
2025.
Finance Theory and Practices.
Synopsis
This study aims to analyze the dynamic relationship between the Turkey Commodity Exchange (TURİB) and the Borsa Istanbul (BIST) Food and BIST 100 indices using econometric methods. The analysis was conducted using daily data covering the three-year period between 2022 and 2024. The study examines the integration of agricultural commodity markets with financial markets and the effects of this integration on sectoral stock performance through linear regression models. The findings reveal a significant and positive relationship between the TURİB index and the BIST Food and BIST 100 indices. This result is consistent with similar studies in the literature and shows that price movements in agricultural commodity markets play a decisive role in general financial markets and sectoral stock performance. The study contributes to the literature by presenting important findings regarding the role and level of integration of agricultural commodity markets in Turkish financial markets.
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Copyright (c) 2025 Bilal Akkaynak; Kübra Saka Ilgın- Ahmet Zelka- İsmail Fatih Ceyhan- Berk Yıldız- Ferhat Demirci- Aziz Kaldırım- Bilal Akkaynak- Gülhan Deniz- Muhsin Uslu- Murat Yıldırım- Hacer Şeyma Dilaver- Salim Sercan Sarı- Hilal Ok Ergün- Hümeyra Yıldız- Muhammed Yılmaz- İbrahim Yaşar Gök- İnci Merve Altan- Adem Ruhan Sönmez- Mehmet Ozan Akman- Hasan Aydın Okuyan- Devran Deniz- Elif Sinem Köse- Muhammed Hanifi Van- Yasin Cihan