Turkey's benchmark slides as new rules create liquidity pressure
16/09/2026 10:20
BUZZ-Turkey's benchmark slides as new rules create liquidity pressure ** BIST 100 .XU100 index falls about 3% after earlier declining as much as 5.7%
** Banking index .XBANK down 3.2%; earlier fell as much as 6.4%
** Regulator's latest fund rules created liquidity pressures, forcing selloff in illiquid shares, analysts say
** They add, that led investors to sell blue-chip holdings to meet cash needs
** BIST-30 index .XU030, home to many of the market's blue-chip stocks, was down about 3%; earlier fell as much as 5.6%
** Among heavyweights, Turkish polyester maker Sasa SASA.IS, and fertiliser producer Gubre Fabrikalari GUBRF.IS down 10% each
(Reporting by Arda Dipova, Additional Reporting by Mirac Eren Dereli)
((Arda.dipova@thomsonreuters))
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