Turkish Stock Market Falls 10.5% as Demonstrations Escalate
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Turkish Stock Market Falls 10.5% as Demonstrations Escalate
By BBC
Turkey’s main share index closed 10.47% down following investor concerns over the escalation of anti-government protests over the weekend.
The Borsa Istanbul 100 index tumbled as investors feared the demonstrations could hit the economy, and the Turkish lira fell to 16-month lows.
Demonstrators nationwide clashed with police after water canons and tear gas were used to control crowds.
