21.02.2025 23:00
Following the sharp decline in Borsa Istanbul, the Capital Markets Board took action. In a statement from the CMB, it was said, "An investigation has been initiated regarding the extraordinary price movements in the BIST equity market. All transactions of institutions have been put under scrutiny by our board and Borsa Istanbul A.Ş."
On the last trading day of the week, Borsa Istanbul experienced a sudden sharp decline, with a daily loss of more than 3.4%. The Capital Markets Board (SPK) announced that it has initiated an investigation regarding the decline.
RECORD DROP IN BORSA ISTANBUL
Borsa Istanbul disappointed its investors on the last trading day of the week. The BIST 100 index, which experienced a sharp decline, saw a daily loss exceeding 3.4%.
SPK INITIATED AN INVESTIGATION
Following the historic drop, the Capital Markets Board (SPK) took action. In a statement made by the SPK, it was noted: "An investigation has been initiated regarding the extraordinary price movements in the BIST equity market. All transactions of institutions have been put under review by our Board and Borsa Istanbul A.Ş. In the event that actions and transactions that disrupt the confidence, transparency, and stability of the capital market are identified, the responsible parties will face criminal and/or administrative sanctions by our Board in accordance with the provisions of the Capital Markets Law."
Additionally, our Board has immediately initiated the necessary legal actions/investigations against those who create intentional and misleading news that cause unusual price and volume movements, as well as those who disseminate such news. It is respectfully announced to the public."
The 5 stocks that fell the most in the BIST 100 today are as follows:
- ALFAS
- KOZAL
- KOZAA
- CLEBI
- CIMSA