IMKB reaches record high as Turkish economy flourishes

The Istanbul Stock Exchange (IMKB) broke new records as its more-than-month-long rally showed no signs of halting to hit an all-time record of 58,896. The IMKB-100 benchmark index reached 58,377 points at the end of the first session of trading yesterday, just shy of the first session record of 58,522 set on Nov 1, 2007. Yesterday also saw the highest peak of the stock exchange's history at 58,896 during the second session. The highest value the index ever reached before yesterday was 58,864, on Oct. 15, 2007.