Turkish stock market plunges over protests

AP News
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Posted: Jun 03, 2013 4:20 AM
Turkish stock market plunges over protests

ISTANBUL (AP) — Turkey's main stock exchange has dropped sharply on opening on Monday, following three days of anti-government protests.

The Borsa Istanbul 100 Index fell 6.43 percent as investors worried about the destabilizing effect of the demonstrations on the economy.

Thousands have joined the rallies — the biggest Turkey has seen in years — to voice discontent with the 10-year rule of Prime Minister Recep Tayyip Erdogan.