How the stocks reacted

Inspired by an Economist graphic following last month’s British election, we ask: do Turkish general election results have a big impact on the country’s stock market?

Inspired by an Economist graphic following last month’s British election, we ask: do Turkish general election results have a big impact on the country’s stock market?

In a country that depends so much on foreign direct investment and the markets’ perception of political stability, the answer is yes, absolutely.

The Istanbul stock exchange has been known to react dramatically to the general elections held since it first began trading in the 1980s.

Stock reactions to Turkish electionsThe three elections in the 1990s each produced coalition governments. 1991 saw the eight-year ANAP government kicked out of office and replaced with a coalition government, without much disruption to shares.

But after the 1995 election, which resulted in a small but decisive win from the Islamist RP, stocks fell on fears of political uncertainty. All the main parties said they would not join an RP government and they kept to their word – for six months.

Of the three, it was 1999 – which saw the first victory of a centre-left party in 22 years – that had the most dramatic rise.

But just look at the surge in 2002, when the AK Party were elected to govern; investors were clearly delighted that months of a shaky coalition and an uncertain election result had come to an end.

The AK’s subsequent 2007 and 2011 victories, however, were more predictable ahead of time and did not lead to any significant surges or dips.

Might that change this year?

Total
0
Shares
27 comments
  1. Awesome blog! Is your theme custom made or did you download it from somewhere?

    A design like yours with a few simple adjustements would
    really make my blog shine. Please let me know where you got your design. Appreciate
    it

  2. Today, I went to the beach with my children. I found a sea
    shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed.
    There was a hermit crab inside and it pinched her
    ear. She never wants to go back! LoL I know this
    is entirely off topic but I had to tell someone!

  3. I do not even know how I ended up here, but I thought
    this post was good. I do not know who you are but definitely you are going to
    a famous blogger if you are not already 😉 Cheers!

  4. It is appropriate time to make some plans for the future and
    it is time to be happy. I’ve read this post and if I could I desire to suggest you few interesting things or advice.
    Perhaps you could write next articles referring to this article.
    I desire to read even more things about it!

  5. Hello, Neat post. There’s an issue together with your site in web
    explorer, might test this? IE still is the marketplace leader and a good portion of other
    folks will pass over your magnificent writing because of this problem.

  6. This design is spectacular! You certainly know how to keep
    a reader amused. Between your wit and your videos,
    I was almost moved to start my own blog (well, almost…HaHa!) Wonderful job.
    I really loved what you had to say, and more than that, how
    you presented it. Too cool!

  7. Oh my goodness! Incredible article dude! Thanks, However I am having difficulties with your RSS.
    I don’t know the reason why I cannot join it. Is there anybody having identical RSS issues?
    Anyone who knows the solution can you kindly respond?
    Thanx!!

  8. Pretty nice post. I just stumbled upon your blog
    and wanted to say that I’ve really enjoyed browsing your blog posts.
    After all I will be subscribing to your feed and
    I hope you write again soon!

  9. Hi, i read your blog occasionally and i own a similar one and i was just curious if you
    get a lot of spam remarks? If so how do you reduce it, any
    plugin or anything you can recommend? I get so much lately it’s driving me mad so any support is very much appreciated.

  10. After checking out a few of the articles on your web page, I seriously
    like your way of blogging. I book marked it to my bookmark website list and will be checking back
    in the near future. Take a look at my website as well and let me know your
    opinion.

  11. I will right away clutch your rss as I can’t
    find your e-mail subscription hyperlink or e-newsletter service.
    Do you have any? Please let me recognize
    so that I may just subscribe. Thanks.

  12. Excellent goods from you, man. I’ve understand your stuff previous to and you
    are just extremely fantastic. I actually like what you’ve acquired
    here, certainly like what you are saying and the
    way in which you say it. You make it enjoyable
    and you still care for to keep it smart. I cant wait to read much more
    from you. This is actually a great site.

Leave a Reply to gamefly Cancel reply

Your email address will not be published. Required fields are marked *

Related Posts