Turkish stocks fall, state banks prop up lira after U.S. kills top Iranian

Turkish stocks fell and state-run banks reportedly intervened to prop up the lira after the United States killed top Iranian commander Major General Qassem Soleimani in an airstrike.

The main BIST-100 index of shares dropped by 1.9 percent to 113.684,01 points at the close of trading in Istanbul. Banking stocks led the declines.

The lira lost 0.3 percent to 5.97 per dollar, extending the lowest levels since May. State-run b....