The Turkish exchange began to rise against normalization of relations with Russia

After reports reached between the presidents of Russia and Turkey agreement on normalization of relations between the two countries at the Istanbul stock exchange resumed growth of quotations.

A few minutes stock index BIST 30 that fell after yesterday’s terrorist attack at the airport of Istanbul below the closing level of the previous trading session, rose nearly 0.7%. The maximum index value reached 95413 points, which is approximately 0.48% above yesterday’s closing level.

Simultaneously, the stock index BIST 100 index rose by about 0.5% compared to yesterday’s close of trading.

The fastest growing in the share price of the company Ülker (+3%) and other food manufacturers, as well as paper Turkcell (+3%).

Earlier Wednesday, President Vladimir Putin said that after a telephone conversation with Turkish leader Recep Tayyip Erdogan instructed the government to start negotiations on the resumption of trade cooperation and to remove restrictions on travel to Turkey the Russian tourists.