Turkish Markets Crash: Billions Wiped Out as Stocks Enter Bear Market

📡 Bloomberg Markets 4h ago · 1 min read ·

Part of composite article Turkey Freezes Billions in Trapped Funds as Stocks Plunge Into Bear Market View full article →

Turkish stocks are heading toward a bear market. A recent fund crisis has erased billions of dollars from companies listed in Istanbul. A bear market occurs when stock prices fall 20% or more from recent highs. The crisis has shaken investor confidence across the region.