Bourse may be 90,000 after poll: Turkish Deputy PM Arınç

ANKARA

Deputy Prime Minister Arınç says the stocks may rise over 90,000. AA Photo

The Turkish government is hopeful that the stock exchange index, which is currently hovering around the 73,000 level, might exceed 90,000 points after the presidential elections in August, Deputy Prime Minister Bülent Arınç has said.

“The stock exchange advanced over 90,000 points, but there have been some halts that started in the Gezi incidents in June and continued with the Dec. 17, 2013 process,” Arınç said April 18, speaking at the general assembly of Turkey’s Milk, Meat, Food Industrialists and Producers Association (SETBİR).

Recalling the index has embarked on a recovery trend in the aftermath of the March 30 municipal elections,  the deputy prime minister said “Now the question is whether it will reach the 90,000 level. It will and maybe it will surpass it, we have hope. When? After presidential elections.”