Tuesday, May 1, 2007

Turkish Stocks Fall After Citigroup Downgrades Shares on Political Risk

(Bloomberg) -- Turkish stocks dropped after Citigroup Inc. recommended investors sell shares because of political instability following a dispute between the army and the government over the country's next president.

Turkiye Is Bankasi AS, the biggest bank, and Turkiye Garanti Bankasi AS, the third-largest, led the retreat.


Read more at Bloomberg Stocks News

No comments: