Turkey ETF Surges on Hopes of a Turnaround in Banking Sector
September 27, 2019 at 14:58 PM EDT
A Turkey country-specific exchange traded fund surged on huge volumes Friday as the emerging market gained renewed interest from international buyers and rallied on optimism over bank reforms. The iShares MSCI Turkey ETF (NasdaqGM: TUR) jumped 3.2% Friday, trading on volumes close to four times its...