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Markets

Istanbul exchange pauses trading as index slides

  • The Borsa Istanbul said its automatic circuit breakers were triggered at 9:55 am (0655 GMT).
Published March 22, 2021

ISTANBUL: The Istanbul stock exchange on Monday briefly suspended trading after its main index fell by more than six percent in response to President Recep Tayyip Erdogan's dismissal of his market-friendly central bank chief.

The Borsa Istanbul said its automatic circuit breakers were triggered at 9:55 am (0655 GMT).

Trading resumed at 10:30 am but could be halted again should the slide continue.

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