News Formal

Turkish Stocks, Bonds Slide as Election Appears Headed to Runoff

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Turkey’s lira weakened and its benchmark stock index fell as the presidential election between incumbent Recep Tayyip Erdogan and his opponent appeared set for a runoff WSJWhatsNow

With more than 91% of votes counted, incumbent President Recep Tayyip Erdogan had won 49.49% of votes, while rival Kemal Kilicdaroglu claimed 44.7%, Turkey’s election chief said. Neither candidate reached the 50% threshold required to avoid a runoff, which would take place on May 28.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors Are Nervous—And That Could Support StocksInstitutional investors are the most underweight on stocks compared to bonds since 2009. Contrarians say that could be good news for the market.
Source: WSJ - 🏆 98. / 63 Read more »

Turkish stocks tumble and dollar reaches new high vs. lira after election stalemateTurkey's stock market fell more than 6% Monday and the lira also came under pressure after presidential elections in the NATO member looked like delivering...
Source: MarketWatch - 🏆 3. / 97 Read more »