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FTSE Russell, the index provider owned by the London Stock Exchange Group, published its September 2026 annual review of equity market classifications on its website. The announcement confirmed that Turkey has not been placed on a watch list and that its "Advanced Emerging" market status has been maintained.

The provider said it remains in contact with Borsa Istanbul and Turkey's Capital Markets Board (SPK) over the feasibility of improving the level of detail in the underlying data used to calculate free-float ratios published by the Central Securities Depository of Turkey (MKK).

No downgrade or reclassification of Turkey was announced in the review. The decision preserves the country's existing position within FTSE's global equity market classification framework.

Key Takeaways

• FTSE Russell retained Turkey's "Advanced Emerging" market status in its September 2026 annual review.
• Turkey was not added to any watch list under the classification announcement.
• FTSE Russell said it continues talks with Borsa Istanbul and the SPK on improving free-float data detail.