Country: TR | Published: 2026-09-18
Turkish equities remain under pressure as the state wealth fund steps in with purchases of major listed stocks and regulators push two large state-linked banks to wind down a big p
Turkish equities remain under pressure as the state wealth fund steps in with purchases of major listed stocks and regulators push two large state-linked banks to wind down a big pool of investment funds, moves aimed at calming a market rout. The lira has slipped to fresh record lows despite the official messaging that the fund liquidation won't drag on shares. Four fund executives are now jailed in a manipulation probe, and the gap between official reassurances and what the chart and currency are showing keeps confidence on edge.