Turkiye’s BIST 100 Opens Lower as Stocks Fall 1.62% in Early Trade
23 Articles
23 Articles
The liquidity crisis in investment funds in Türkiye has impacted the markets, causing the BIST 100 index to fall by 20 percent from its May peak, bringing it to the brink of a bear market. The government has established a committee, chaired by Vice President Cevdet Yılmaz, to manage the liquidation of the funds affected by the crisis.
The BIST 100 index opened lower today, following yesterday's 2.38% loss. Rising oil prices and selling pressure in the bond market weighed on risk appetite globally, leading the BIST 100 index to start the day down 0.61% at 12,516.00 points. The index...
The BIST 100 index on the Istanbul Stock Exchange started the new week with a sharp decline. Increased geopolitical tensions in global markets intensified selling pressure, while ongoing fund investigations in Turkey also dominated market discussions.
The BIST 100 index on the Istanbul Stock Exchange opened the day up 0.66% at 12,026.26 points, following yesterday's 2.79% drop. The banking index gained 1.18%.
The Istanbul Stock Exchange (BIST) experienced sharp losses in the market value of companies in September. The total market value of all companies on BIST fell by 20 percent in Turkish Lira terms, recording the sharpest monthly decline since the 2008 global financial crisis. The value loss in September reached approximately 4.5 trillion TL. In September, when investigations into fund and share manipulation came to the forefront on the Istanbul S…
The BIST 100 index closed the day down 2.80% at 11,946.07 points, falling below the 12,000 point threshold.
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