Turkey Halts Stock Trading for Five Days and Cancels Some Trades

Borsa Istanbul suspended trading of equities, derivatives
First market-wide suspension of trading in Istanbul since 1999

WATCH: The rescue operation continues as Turkey’s stock exchange suspends trading. Onur Ant reports.Source: Bloomberg

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By Tugce Ozsoy and Taylan Bilgic

February 8, 2023 at 8:15 AM UTC

Updated on

February 8, 2023 at 3:06 PM UTC

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Turkey’s stock exchange suspended trading for five days and canceled all trades executed on Wednesday, following a selloff that erased billions of dollars from the value of its main equities gauge after two devastating earthquakes.