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Bist 100 index
Michael121
Posts: 166 Forumite
Just noticed the quote on trading economics, surely that isn't right?
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Comments
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Are you perhaps looking at the fact that they re-based it from 120,000 to 1,200 (so that it's now based on the value in 1986 being 1 instead of 1000), and then thinking wow people in Turkey aren't very confident in their local company values so the index fell 99% overnight...
It's just a bad chart on trading economics or Google Finance, rather than Bloomberg for example who show the years movement sensibly.
https://www.bloomberg.com/quote/XU100:IND
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