Turkey’s stock market reportedly loses ₺1.6 trillion in 12 days
A September 21, 2026 post says authorities froze assets belonging to executives at four investment firms and ordered 131 funds liquidated after failed investor redemptions sparked a sell-off.
TLDR
A September 21, 2026 post claims Turkey’s stock market lost ₺1.6 trillion over the preceding 12 days, with a 10% weekly decline described as the worst since March 2025. It attributes the broader sell-off to several fund managers being unable to repay investors the previous week. The post says 25 people face prosecution: 15 are in custody and 10 remain at large. It also says authorities froze assets belonging to executives at four investment firms and ordered 131 funds liquidated, extending the liquidation process from three months to six.
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