#Forex Haberleri

Why did the stock market decline? Will the decline in the stock market continue?

The BIST 100 index closed the day at 9,602.16 points, losing 2.09%. Following a sharp drop in the Istanbul Stock Exchange, the Capital Markets Board initiated an investigation. An announcement from the CMB stated that “the operations of all institutions are under review.”

In Borsa Istanbul, the BIST 100 index ended the day at 9,602.16 points, registering a decline of 2.09%. Compared to the previous close, the BIST 100 index decreased by 205.34 points, with a total trading volume of 107.8 billion Turkish Liras.

CMB: INVESTIGATION INITIATED

After the sharp decline, the Capital Markets Board (CMB) announced that an investigation had been launched.

The announcement from the Board stated that the operations of all institutions were being reviewed by the Capital Markets Board and Borsa Istanbul A.S. The CMB emphasized that in case of actions and transactions that could disrupt the trust, transparency, and stability of the capital markets, the responsible parties would face punitive and/or administrative sanctions within the framework of the Capital Markets Law. They also noted, “Those who spread purposeful and misleading news that cause unusual price and volume movements will immediately undergo necessary legal actions/investigations.”

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