Stock Market Decline Continues: Near a 9-Month Low.
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The selling pressure generated by the investigations spread across the stock market. The index fell by nearly 15 percent in the last month. Between September 16 and 29, the total loss in company value in the stock market amounted to 5.5 trillion TL. Gold continued to search for direction, while Brent crude oil rebounded from $100.
The Turkish Stock Exchange closed with a significant decline today, Tuesday, 29/9/26. Specifically, the Turkish stock exchange index closed at 12,290.58 points, down 2.40% from the previous close. This cannot be seen separately from the scandal with the investment fund bubble and the lack of liquidity, which is drying up the Turkish market.
The BIST 100 index on the Istanbul Stock Exchange closed the day down 2.40% at 12,290.58 points, affected by widespread selling, with a total trading volume of 108.8 billion lira. The BIST 100 index decreased by 302.18 points compared to the previous close.
On the Istanbul Stock Exchange, the BIST 100 index fell by 1.20 percent in the first half of the day, dropping to 12,441.94 points.
Affected by developments related to the fund investigation, the BIST 100 index, which fell to 12,468 points, continues to trade near its lowest levels in 9 months.
Affected by developments related to the fund investigation, the BIST 100 index continued its decline, falling as low as 12,468 points during the day, and remains close to its lowest level in 9 months.
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