Turkish Markets Rally After Key Opposition Case Adjourned

Ozgur Ozel in Berlin, on June 28. — Ozgur Ozel in Berlin, on June 28.
Photographer: Tobias Schwarz/AFP/Getty Images

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By Firat Kozok, Beril Akman, and Tugce Ozsoy

June 30, 2025 at 4:30 AM EDT

Updated on

June 30, 2025 at 10:13 AM EDT

Turkish markets surged after a court delayed a ruling on a high-stakes case that could unseat the main opposition leader, offering investors a temporary reprieve from mounting political risks.

The next hearing in the case, which centers on allegations of irregularities in the 2023 convention that elected Ozgur Ozel as chairman of the Republican People’s Party, or CHP, will be held on September 8.