Turkey Stock Exchange on Wed stop trading of Stocks, futures and options After a sharp sale in the aftermath of The two earthquakes that destroyed it hit Southeast region.
The comment came after the Istanbul Stock Exchange released two comprehensive markets after the BIST 100 benchmark index fell around 7% within a range. first hour of trading on Wednesday. He. She declined 8.6% on Tuesday.
“commerce in Stock market and individual stock futures, indices and options contracts in “The derivatives market has been suspended,” the exchange said.
A subsequent statement said trading It will stop until evening of February 14 and so on Wednesday procedures were cancelled.
distinguished first comment in 24 years after the sale, which Bloomberg News reported erased $35 billion in value of for best main Stock measurement.
Turkish stocks entered a technical bear market on Tuesday after the fall more More than 20% from its January high.
“in times of Disasters like This, comment trading in Inventory market He’s better decision in In order to protect the investors,” Haydar Akun, Managing Partner of Marmara Capital in Bloomberg quoted Istanbul as saying.
the first market- Circuit breaker issued within minutes of Opening on Wednesday, after the benchmark index fell 5%, extending its losses after 10 Turkish cities, along with cutting of Neighboring Syria, hit by two powerful earthquakes on Monday.
The BIST-100 Standard Index has been opened down 0.52% and held at 7.09% down, while the banking sub-index down 6.03% K trading It was broken.
the death earthquake toll in Turkish rose to more from 8500 on President Recep Tayyip Erdogan said on Wednesday upon his arrival in the region.