Turkish stocks experienced a significant downturn on Monday, falling over 3 percent amidst an ongoing investigation into investment funds and share trading. The BIST 100, Turkey’s primary stock index, saw a drop of as much as 3.44 percent during trading hours. This decline followed the detention of nine additional individuals linked to the investigation. However, the market demonstrated some resilience, managing to recover a portion of its losses before the trading day concluded. The probe centers around concerns regarding investment funds and trading practices within Turkey. The incident highlights ongoing market sensitivity to regulatory actions and investigations. This situation underscores potential risks for investors in Turkey’s financial markets.