BIST 100 closes up 2.95% after SPK orders liquidation of 130 funds at 7 brokerages

Turkey's BIST 100 closed Thursday up 2.95%, recovering its opening losses, after the SPK ordered the liquidation of 130 funds at 7 brokerages and investors pulled up to $1bn from funds in a day. The Financial Stability Committee said there is no structural risk to capital markets.

Detected & updated continuously · Source: Nebula