Turkish Stock Market Plunges Amid Global Sell-Off

Turkey's benchmark BIST 100 index fell sharply on Monday, closing with a significant loss. The index dropped 30.84 points by the end of the trading session. This decline mirrors a wider trend of falling stock prices in major markets across Europe and the United States. Analysts link the global sell-off to renewed investor concerns. Key worries include persistent inflation and the potential for interest rates to remain high for an extended period. These factors are causing investors to move away from riskier assets like stocks. The BIST 100's performance is a key indicator of financial market sentiment in Turkey. Monday's drop places it among the world's major indices recording losses for the day.