This is an entry from: Turkey-Syria earthquake: As it happened
Turkish stock exchange suspended after public anger
8 February 2023 11:01 GMT
Turkish stock exchange Borsa Istanbul has stopped trading after a 7 percent fall this morning.
The stock had been in free fall since the earthquake, which is estimated to cost billions of dollars to the Turkish economy.
On Tuesday, multiple economists called on authorities to suspend or close the stock exchange.
Turkish cement stock surged over the past two days, stoking public anger. Investors were accused of opportunism, while people were still fighting for their lives trapped under rubble.
“May Allah curse you,” said the Yeni Cag daily on Tuesday in a headline. “The cement stocks reached the ceiling today as well. When did this society become this bad?”
Turkish cement stocks surge in last two days, stoking public anger
