Turkish stocks post worst month since 2008, down 16.65% in September

Turkish equities fell 16.65% in September, the steepest monthly drop since the 2008 financial crisis, confirming a bear market. The decline signals acute investor stress amid high inflation and policy uncertainty, though the specific triggers are not detailed in the source. This sharp selloff may pressure the lira and complicate monetary policy, with potential spillover to regional emerging markets.