Katmerciler Ekipman

Water cannon producer's stock dips after Turkey's ruling AKP loses majority

The largest supplier of police water cannons in Turkey has seen a steep fall in its stock prices, hours after the ruling Justice and Development Party (AKP) lost its parliamentary majority.

Shares in Katmerciler Ekipman, the company that manufactures the riot control vehicles popularly known as TOMAs, decreased 10 percent early June 8. 

Water cannon producer's stock dip after Turkey's ruling AKP loses majority

The largest supplier of police water cannons in Turkey has seen a steep fall in its stock prices, hours after the ruling Justice and Development Party (AKP) lost its parliamentary majority.

Shares in Katmerciler Ekipman, the company that manufactures the riot control vehicles popularly known as TOMAs, decreased 10 percent early June 8.