Istanbul exchange to remove over a quarter of BIST-100 constituents
Borsa Istanbul said it will replace more than a quarter of BIST-100 constituents, citing regulators’ efforts to contain a liquidity crisis linked to a sell-off in investment funds.
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Borsa Istanbul replaces over quarter of main index amid fund fallout
Borsa Istanbul will replace more than a quarter of the constituents of its benchmark BIST-100 index, its biggest reshuffle since new market structure rules were announced six years ago, following a regulatory crackdown on investment funds. The exchange did not provide a reason for the reshuffle, which will take effect