Thursday, 6 June 2013

FINANCE - Borsa Istanbul plunges in response to PM’s remarks - #direngeziparki

"Borsa Istanbul, Turkey’s stock exchange, has plunged to its lowest level of this year after prime minister’s uncompromising remarks with regard to the Taksim Gezi Park project.

The sales at BIST accelerated after the The stock exchange, which had been around 78,500, fell to 75,771 points after the joint press-meeting of Prime Minister Recep Tayyip Erdoğan and the Tunisian prime minister, in which the former did not soften his attitude toward protests.

After a slight recovery, the BIST 100 index, which was at around 78,700 points at the opening of the day’s second session, was down to 76,407 with a 4.05 percent loss at 15.33 GMT. "

'via Blog this'

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