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Investors have developed positive expectations regarding the U.S.’s new economic policies and the potential effects of Trump’s continued presidency on global trade. The stocks of companies listed on Istanbul Stock Exchange have entered an upward trend as investors’ risk appetite increased. This rise accelerated due to the optimistic expectations for the Turkish economy.

The surge in Istanbul Stock Exchange has drawn attention as an important indicator of how markets respond to global developments.

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The post Unexpected Rise in Istanbul Stock Exchange! appeared first on Coin Engineer.

For the past few months, along with the public offering frenzy, the Istanbul Stock Exchange BIST 100 index, followed by everyone from seven to seventy, halted transactions today in the evening hours by running a circuit breaker in succession. Firstly, the circuit breaker kicked in after a 5% drop, and with the reopening of the transactions, it intervened for the second time with a 7% drop.

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What is the Reason for the Drop in Istanbul Stock Exchange BIST 100 Index?

As we know, after the October 7 attacks, the world’s attention shifted to the Middle East. Firstly, after the attacks by Hamas, heavy responses from Israel and particularly in the midst of the Russia-Ukraine conflict, the presence of Iran, which could be involved in the Israel-Palestine war, is keeping the world agenda busy.

Increasing war threats and Third World War rumors create pressure and fear in the economies and stock markets of many countries, particularly Israel, while it is a matter of curiosity how the crisis in the region will reflect on Turkey.

Since the events began on October 7, Turkey, despite pursuing a relatively balanced policy, today President Erdogan made a reaction with his speech on Israel and Hamas and the cessation of energy and oil agreements with Israel, and the stock market gave its first response to the agenda.

Interest Rate Decision Tomorrow!

It’s not clear what will happen in the next process, but the country and world general agenda seem to continue to affect the stock market. An important news for the stock market is dependent on what the interest rate decision will be tomorrow.

In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post Istanbul Stock Exchange Hit the Circuit Breaker! What Caused the Drop? appeared first on Coin Engineer.