ANKARA (AA) – The attack at Istanbul Ataturk International Airport is beginning to cast its shadow over Turkish markets, with Borsa Istanbul’s BIST-100 index going down slightly, 0.24 percent, at the opening of its daily session Wednesday.
The benchmark index decreased by 185.17 points to open at 76,744 points.
On Tuesday, steps towards normalization of ties between Turkey and Israel, and also expectations of restored proximity with Russia, had created positive sentiments, when the total trading volume was lower, at 3.5 billion Turkish liras (almost $1.2 billion), indicating an increase of 2.4 percent.
Financial experts expect the latest terror attack to likely cast its shadow over the Turkish equity markets Wednesday, especially among aviation sector stocks.
At least 36 victims and three suicide bombers were killed while scores of others were injured in a gun-and-bomb attack on Istanbul’s Ataturk International Airport Tuesday night, according to Turkish officials.
No major Turkish data announcement is expected Wednesday. However, the market will closely watch personal income and spending data from the world’s largest economy, the U.S.
Asian stocks were positive Tuesday, while European markets are also expected to open positively.
