An early rally in Turkish stocks following last week’s slump fizzled out on Monday with tensions in the country running high after a court jailed Istanbul Mayor Ekrem Imamoglu pending a trial.
The Borsa Istanbul benchmark index (.XU100) ended last week down 16.6 per cent, its worst drop since the global financial crisis in October 2008.
The index (.XU100) was 0.8 per cent lower on the day at 1126 GMT,
