The referential Bist-100 lost 7.8% and the banking index fell 9.4%. In the week, the BIST-100 collapsed 16.6%, the worst from the world financial crisis of October 2008.
The actions in Türkiye They were about to close on Friday His worst week from Lehman Brothers’s collapse sequels in 2008amid the concern for the arrest of the president’s main political rival Tayyip Erdogan.
For its part, The lyre collapsed 3.7% in the week Despite the aggressive action of the Turkish Central Bank in recent days, while the last liquidation of shares caused two short circuits in the Istanbul bag.
The opposition described as coupling attempt the measure against the Mayor of Istanbul, Ekrem Imamogluwhich culminated a legal repression of several months against opposition figures that has been convicted as a politicized attempt to silence dissent.
The lyre, actions and bonds They are pressured since Wednesday, when the authorities arrested Imamoglu, considered Erdogan’s main political rival. Protests broke out and thousands of people demonstrated throughout the country.
How are stock markets in Türkiye
BIST -00 referential lost a 7.8% and the banking index fell a 9.4%. In the week, the BIST-100 collapsed 16.6%, the worst from the world financial crisis of October 2008.
The Sovereign bonds in dollars of Türkiye They also went down for the third consecutive day, with longer -term broadcasts losing 2 cents and on the way to suffering weekly losses of more than 3 cents, the largest since January 2024.
Although The lyre quoted a 37.82 units against the dollar, above the historical minimum of Wednesday of 42, accumulates A 6.7% collapse so far this year.
The events frustrated the hopes of a cut of interest rates in the next meeting of the Turkish Central Bank, scheduled for April 17.
Source: Ambito
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