About 2 results found. (Query 0.04000 seconds)
Shares continued to rise as small investors joined the buying spree. But a sell-off of Akbank shares on Sept. 13 triggered an abrupt reversal, with banking shares dropping nearly 40% in five days. The groups that had led the surge failed to manage the rout and struggled to meet margin calls, which occur when investors are required to add equity at times of sizable market moves.