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BIST 100 falls 5.54%, Financial Stability Committee to meet in the morning

Photo: BBC Türkçe

This story is from 16 September 2026.

Latest in the series İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe

BIST 100 fell 5.54% to 13,122.58 points on 16 September, driven by a portfolio company defaulting on fund payments and Middle East tensions. The Financial Stability Committee will convene on 17 September at 08:00 under Minister Mehmet Şimşek.

The circuit breaker was triggered at 16:04, temporarily halting trading on the stock market. During the day, the banking index fell more than 4% and the IT index more than 5%. The ministry stated that recent movements would be discussed at the meeting.

BIST 100 falls 5.54%, Financial Stability Committee to meet in the morning

Sources 12 sources

Fund Investigation News Series

Where it began Tera Portföy declares default in two funds, payment periods extended in six funds

  1. İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe Istanbul's Chief Public Prosecutor's Office ordered journalists İsmail Saymaz, Murat Ağırel and Şaban Sevinç to give statements as suspects as part of its fund investigation.
  2. Fund crisis inquiry motions rejected by AK Party and MHP votes Yeni Yol, CHP, İYİ Party and DEM Party's Turkish Grand National Assembly (TBMM) inquiry motions on the fund crisis were rejected by votes from AK Party and MHP lawmakers.
  3. 10-article bill on liquidation of 131 funds due in Turkish parliament next week A 10-article interim bill for the 131 funds placed under liquidation is planned to go to the Turkish Grand National Assembly (TBMM) next week. The funds total about 1 trillion lira (TL).
  4. YENİ Party's Ümit Özlale names two ministers in fund crisis YENİ Party İzmir deputy Ümit Özlale called on Turkish Trade Minister Ömer Bolat and Turkish Family and Social Services Minister Mahinur Özdemir Göktaş to disclose fund transactions.
  5. BIST 100 falls 5.54%, Financial Stability Committee to meet in the morning BIST 100 fell 5.54% to 13,122.58 points on 16 September, driven by a portfolio company defaulting on fund payments and Middle East tensions. The Financial Stability Committee will convene on 17 September at 08:00 under Minister Mehmet Şimşek.
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