© Reuters. FILE PHOTO: A man enters the Bourse Istanbul in Istanbul December 17, 2013. Picture taken December 17, 2013. To match TURKEY-STOCK/NASDAQ REUTERS/Murad Sezer
(Reuters) – Turkey’s Borsa Istanbul issued a market-wide circuit breaker after the benchmark index dropped 5% within minutes of opening on Wednesday, continuing losses after a devastating earthquake in the south of the country on Monday.
The benchmark BIST-100 index opened down 0.52% and slid rapidly to be 5% lower, issuing the market-wide circuit breaker at 0712 GMT. Pre-market trading started at 0655 GMT.
The banking sub-index was down 4.67% when trading was suspended on the market.
The death toll of Monday’s earthquakes in Turkey rose to 6,234 by Wednesday morning, the Disaster Management Authority (AFAD) said.