Borsa İstanbul, which made calls to stop the stock market due to the earthquake, announced that it stopped trading on the third day of the earthquake.
After the earthquake that took place in Kahramanmaraş, calls were made to stop the transactions in Borsa İstanbul. Finally today, Prf. Dr Özgür Demirtaş also stated that Borsa İstanbul transactions should be stopped and investors should be protected. In order not to affect millions of people in the earthquake area and investors in the country, Borsa Istanbul transactions were suspended.
Borsa Istanbul Suspended Trading on the Third Day of the Earthquake
After the earthquake disaster in Kahramanmaraş and the surrounding provinces, Borsa İstanbul made a statement that the markets were halted.
Turkey declared mobilization after two earthquakes with a magnitude of 7.7 and 7.6 in Kahramanmaraş. In addition, earthquakes in the surrounding 10 provinces affected millions of people.
An intense rescue struggle continues in the earthquake region, where all of Turkey is mobilized and aid is being delivered.
In the midst of these processes, Borsa İstanbul stopped the transactions after the reactions and calls. Calling for the protection of investors, experts drew attention to the sharp declines in the stock market and the ceiling price of cement shares.
According to the statement made by Borsa Istanbul, it has been decided to suspend transactions in the equity market, futures and options market equity and equity index derivatives markets. The announcement came at around 11:00 am today.
