Istanbul bourse issues market-wide circuit breaker after opening fall

Business News News

Istanbul bourse issues market-wide circuit breaker after opening fall
Business Business Latest News,Business Business Headlines

Turkey’s Borsa Istanbul issued a market-wide circuit breaker after the benchmark index dropped 5 percent within minutes of opening, continuing losses after a devastating earthquake in the south of the country. | Reuters

Turkey’s Borsa Istanbul issued a market-wide circuit breaker after the benchmark index dropped 5 percent within minutes of opening on Wednesday, continuing losses after a devastating earthquake in the south of the country on Monday.

The benchmark BIST-100 index opened down 0.52 percent and slid rapidly to be 5 percent lower, issuing the market-wide circuit breaker at 0712 GMT. Pre-market trading started at 0655 GMT.The death toll of Monday’s earthquakes in Turkey rose to 6,234 by Wednesday morning, the Disaster Management Authority said.

 

Business Business Latest News, Business Business Headlines



Render Time: 2025-01-10 02:41:22