Turkey's Şimşek says no structural problem in stock market, 11% of funds quarantined

Turkish Treasury and Finance Minister Mehmet Şimşek said there is no structural problem in the stock market and no systemic, market-wide risk, but that market-distorting actions are taking place in a limited number of funds; he said 11% of funds have been quarantined, with 131 funds in liquidation, in remarks reported by Turkish media.

Detected & updated continuously · Source: Nebula