Shares on Istanbul Stock Market fall rapidly circuit breakers works

The daily decline in the Borsa Istanbul BIST 100 index reached 5 percent and the circuit breaker worked.

According to the statement made to the Public Information Platform from Borsa Istanbul, the Index-Linked Circuit Breaker System was activated as of 16.31.

In the statement, it said “Transactions in all ranks on the Stock Market of our Stock Exchange, contracts based on shares and share indices traded on the Futures and Options Market, as well as on the Debt Instruments Market, the Share Repo Market, have been temporarily suspended.”

The BIST 100 index on Borsa Istanbul started the day with an increase of 0.59 percent at 5,555.99 points. While the wind reversed towards noon, the index fell to 5 bin 317 points with the decline exceeding 5 percent towards the end of the day and the circuit breaker worked.

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