Here's How Turkey's Markets Reacted to This Weekend's Election

Investors hate uncertainty

An elderly voter places her vote slip into a ballot box at a polling station in the Turkish general election in Istanbul, Turkey, on Sunday, June 7, 2015.

Photographer: Kerem Uzel/Bloomberg
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Turkey's ruling party took a serious hit in this weekend's big election. The loss of a parliamentary majority has thrown a great deal of uncertainty into an already difficult future, one that might possibly include more elections.

That uncertainty could be seen in Turkish markets on Monday morning. Turkey's main stock index is down almost 6 percent.