Turkey

A First In The History After the Earthquake: All Transactions On The Stock Market On February 8 Are Cancelled

The Turkish stock exchange, Borsa Istanbul, faced controversy for remaining open after the devastating earthquake centred in Kahramanmaraş, which resulted in heavy losses. As a result, the exchange has been closed and all transactions made on February 8th have been cancelled. The stock market will remain inactive for the next five working days, a decision that is a first in the history of the Republic. As Turkey was hit by…