Turkey has been one of the more successful emerging markets over the last few years, and investors have seen the market, as represented by iShares Turkey ETF dramatically increase in value since the 2009 financial crisis. This picture reversed rapidly in June, as a public protest over the development of a park escalated to violent rioting, and a sharp sell-off, TUR losing 14% of its value over a couple of trading sessions.
http://tinyurl.com/lroxy47
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.