"At times of catastrophes like this, suspending trading in the stock market is a better decision in order to protect investors," Marmara Capital’s Haydar Acun said.
Memories of 1999, when tremors hit Turkey’s industrial hub near Istanbul, may also be fueling panic among retail traders. Trading in Turkish stocks was suspended for a week at the time.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.
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