The benchmark BIST-100 index and the banking sub-index declined 4.7% and 4% respectively by 0855 GMT. On Monday, the BIST-100 tumbled as much as 4.99% before circuit breakers came into effect suspending trading in some shares and trading volume remained at a fraction of last week's average at 21 billion lira, according to a research note from Ziraat Yatirim. The drop in the Turkish market bucked a rise in the main emerging markets index which was up more than 1% on Tuesday. The magnitude 7.8 quake that hit Turkey and neighbouring Syria early on Monday toppled thousands of buildings and left thousands of people injured or homeless. It was followed by another slightly smaller quake. The total death toll in Turkey and Syria surpassed 5,000 by Tuesday, after Turkey declared 3,419 dead. (Reporting by Gdansk newsroom; Editing by Susan Fenton)
(Repeats story to wider distribution)
Feb 7 (Reuters) - Turkey's benchmark BIST-100 index fell nearly 5% on Tuesday morning, extending sharp
losses in the aftermath of the devastating earthquake that
claimed more than 3,000 lives in the country.
Circuit breakers were issued for dozens of stocks, including
large-cap bank Yapi Kredi , mining giant Koza Altin and supermarket chain Migros , suspending
trading in those stocks.
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