Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Frozen Turkish Funds’ Blue-Chip Holdings Sold Off-Market
Business & Finance

Frozen Turkish Funds’ Blue-Chip Holdings Sold Off-Market

Bloomberg Markets Wednesday 04 November 2026, 06:54 UTC By Tugce Ozsoy 1 min read
Key Points

EXCLUSIVE ETFs & Mutual Funds Frozen Turkish Funds’ Blue-Chip Holdings Sold Off-Market Banks overseeing Turkey’s fund liquidations sold about $254 million of blue-chip shares held by frozen funds off-market, in a move that could help remove an overhang on the country’s stock indexes. Bankasi AS, which were tasked with overseeing the liquidation, completed the sale on Nov. 3 through an off-exchange placement to investment and pension funds, a notice seen by Bloomberg showed.

EXCLUSIVE ETFs & Mutual Funds Frozen Turkish Funds’ Blue-Chip Holdings Sold Off-Market Banks overseeing Turkey’s fund liquidations sold about $254 million of blue-chip shares held by frozen funds off-market, in a move that could help remove an overhang on the country’s stock indexes. TC Ziraat Bankasi AS and Turkiye Is Bankasi AS, which were tasked with overseeing the liquidation, completed the sale on Nov. 3 through an off-exchange placement to investment and pension funds, a notice seen by Bloomberg showed.
Frozen Turkish (PERSON) Blue-Chip Holdings (ORG) Turkey (LOCATION) TC Ziraat Bankasi (PERSON) Turkiye (LOCATION) Bankasi (LOCATION) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Gold, silver and precious metals prices jump, dollar dips as Democrats take control of Congress

Precious metals saw strong gains on Tuesday morning, while the value of the dollar fell, following the U.S. midterm elections. Spot gold was 2% higher at $4,005.40 an ounce by 1:30 a.m. ET, while spot silver jumped 4% to trade at $51.68 per ounce.

CNBC 24m ago

Dollar falls while gold and US Treasury bonds rally as markets react to Democrats’ midterm election victory – business live

Democrats’ capture of Congress raise expectations of tougher regulation of AI sector; US stock futures fall but later pare lossesChris Beauchamp, chief market analyst at the investing and trading platform IG, says:Overnight markets had pointed towards steep losses for futures, but the picture is looking rosier as markets seem to look towards the future with relish. A divided US government has often been the best outcome for markets, and we are staring that squarely in the face today.

The Guardian Business 25m ago

Marks & Spencer Results Show UK Retail Strength Despite Consumer Squeeze

Marks & Spencer Results Show UK Retail Strength Despite Consumer Squeeze Plus, the pound is rallying against the dollar after Democrats’ midterm sweep This article is for subscribers only. In today’s Markets Daily UK: Marks & Spencer’s food business defies consumer concerns, plus the FTSE 100 takes a hit from copper prices. Throughout the day, get the latest news and analysis on the Markets Today live blog.

Bloomberg Markets 25m ago

India’s Central Bank Sets Up Panel to Assess Forex, Bond Markets

Central Banks India’s Central Bank Sets Up Panel to Assess Forex, Bond Markets India’s central bank announced a new technical panel to examine the efficiency, liquidity and resilience of the country’s foreign exchange and government bond markets. The panel has seven external members and will be chaired by the deputy governor overseeing the Reserve Bank of India’s financial markets department, the central bank said in a statement.

Bloomberg Markets 31m ago