GDANSK, May 15 (Reuters) - Turkish stocks fell on Monday
as the presidential election appeared headed for a runoff with
incumbent president Tayyip Erdogan in the lead.
Turkey's benchmark BIST-100 index fell more than 6%
at the open, prompting a market-wide circuit breaker, before
recouping some losses to trade 2.9% lower by 0857 GMT.
The banking sub-index led losses on the index with
a 9.10% fall.
Shares of Garanti Bank fall as much as 10% in
morning trade, while Yapi Kredi Bank was down 9.97%.
Shares of Turkish real estate company Emlak Konut REIT , steelmaker Kardemir , gold mining company
Koza Altin and defense company Aselsan were among the best performers on BIST-100 index, rising between
5.5% and 9.9%.
(Reporting by Canan Sevgili; Editing by Toby Chopra)
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