Turkish stocks soar as market reopens ...News

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Turkish stocks soar as market reopens
The benchmark index jumped almost 10% after the post-earthquake trading restart Türkiye’s stock market rebounded on Wednesday after reopening following a week-long closure in the wake of devastating earthquakes that hit the nation.  The benchmark Borsa Istanbul 100 Index (BIST 100) soared 9.8% and is on track for its biggest rise since 2008, according to Refinitiv data. The BIST 100, which was one of the best performers in 2022, is currently down around 10% for the year.  The BIST 100's rise follows a series of measures announced by the government in an effort to prop up the market. The nation’s sovereign wealth f

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