UPDATE 1-Turkish stocks fall 3 pct on global woes

(Updates prices, releads, adds quotes)

ISTANBUL, Feb 15 (Reuters) - Turkish stocks fell 3 percent on Friday, dragged lower by weak global markets, while investors continued to keep an anxious eye on domestic political developments.

Next week, Turkish assets are expected to continue to track foreign markets while a Monday deadline for bids for the privatisation of tobacco firm Tekel Sigara will be watched as another indicator of appetite for Turkish assets.

The lira <IYIX=> closed on the interbank market at 1.1990 to the dollar, 0.5 percent weaker on the day while the main stock exchange index .XU100 fell 2.9 percent to 44,189 points by 1423 GMT.

Turkish assets had started the day stronger but fell after a weak manufacturing survey in the United States knocked markets globally.

"It was the (news from) the U.S. combined with short-term profit-taking around 46,000 points which is very strong resistance," said Mehmet Ilgen, sales trader at Ata Invest.

He said if the index broke through the 46,000-point mark, it could climb another 4,000 points.

"But we need a fundamental trigger for this," he said.

Turkish markets have underperformed emerging market peers this year, which analysts attribute at least in part to political uncertainty.