The Istanbul Stock Exchange was forced to temporarily suspend negotiations on Monday morning, hours after the second round of the Turkish presidential election ended.
During the procedure before the opening of the Turkish money market, the overall index fell by 6.38%, which caused the automatic freezing of the procedure shortly after it began, at 9:55 am.
The purpose of the pause is to calm the market with the prospect of re-opening from 10.30.
At the same time, the banking index on the Istanbul Stock Exchange fell by 9.54%.
Source: Reuters.
Source: Kathimerini
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