2 May 1999 Sunday 
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Week of records at stock market

The stock exchange jumped from peak to peak after the poll thanks to hopes for a strong government

Orhan Tekeoglu

       Bourse renewed its records after the general election. Record - high figures were reached both in terms of index, trade volume and number of operations. Thanks to possible government models, the stock exchange lived a energetic week.
       Threatened in the first work day by MHP's victory as the second successful party in the elections, the IMKB, found relief by DSP, MHP and ANAP coalition expectation and optimistic statements from the first two parties' leaders.
       The index hit the ceiling with a 10% jump and trade volume climbed to a historic high of 228.7 trillion liras. IMKB - 100 index rose to 5,154, increasing 173 points. Shares gained 3.48% while weekly increase was registered as 12.5%.












© 1999 Milliyet