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Turkish Borsa Plummets 2.09%, SPK Launches Investigation

2/23/2025

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Story summary
  • Borsa Istanbul's benchmark index fell by 2.09% on Friday, triggering an investigation by the Turkish Capital Markets Board (SPK).
  • The BIST 100 index ended at 9,602.16 points, with 93 stocks declining in value.
  • The SPK is examining all institutional transactions and may impose sanctions for any misconduct.
  • This investigation seeks to rebuild investor confidence amid Turkey's economic challenges.