Borsa Istanbul tops 120,000 points

By Gokhan Ergocun

ISTANBUL (AA) – Following ups and downs due to the coronavirus outbreak, Borsa Istanbul's BIST 100 index just reached a midweek peak of over 120,000 points.

The index, which reached its historical high of 125,536.60 points in Jan. 22 and dropped to below 82,000 in March, since the normalization period starting in June has recovered almost all its losses.

The index saw 120,203.44 points during the third transaction day of the week, while it is currently hovering between 119,000 and 120,000 points.

After appearing in China last December, COVID-19 has affected economies worldwide deeply.

Amid the normalization, Turkey has seen its virus numbers trend downward.