Feb 8 Reuters Turkey39;s Borsa Istanbul suspended trading on its equity and derivatives markets after two marketwide circuit breakers failed to stop a slide in the main index, which fell 7 within the first hour of trading.

Trading in Equity Market and Single Stock Index Futures and Options Contracts in the Derivatives Market has been suspended, it said in a statement.

The stock market operator did not say when trade would resume.

The first marketwide circuit breaker was issued within minutes of opening on Wednesday after the benchmark index dropped 5, continuing losses after a devastating earthquake in the south of the country on Monday.

The benchmark BIST100 index opened down 0.52 and was suspended at 7.09 down, while the banking subindex was down 6.03 as trading was suspended.

The death toll of Monday39;s earthquakes in Turkey rose to 7,108 on Wednesday morning, the Disaster Management Authority AFAD said.

Reporting by Azra Ceylan; Editing by Daren Butler

Source Reuters