Turkey's benchmark Borsa Istanbul 100 Index dropped 7% on Wednesday before trading was reportedly suspended for stocks, futures and options , as the country...
The Turkish stock exchange halted trading on Wednesday amid mounting losses from two massive earthquakes earlier in the week that have killed and injured thousands and threaten more economic hardship for country.
Turkey’s benchmark Borsa Istanbul 100 Index XU100 dropped 7% on Wednesday before trading was reportedly suspended for stocks, futures and options following two circuit-breakers earlier. Trading will be halted through Tuesday, Feb. 14, according to the Borsa İstanbul, the operator of the Istanbul Stock Exchange.
Monday’s 7.8 magnitude quake in southern Turkey and northern Syria was followed hours later by a 7.7 aftershock, and has been estimated to be the worst in a decade.
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