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Monday, May 09, 2011

Citigroup Cuts Turkish Stocks on Economy, Recommends Russia - Businessweek

"Citigroup Cuts Turkish Stocks on Economy, Recommends Russia
May 09, 2011, 6:36 AM EDT

By Mark Bentley

(Updates with comment, stocks from second paragraph.)

May 9 (Bloomberg) -- Turkish stocks were cut to “underweight” from “neutral” at Citigroup Inc., which cited concern about the country’s widening current-account deficit."

More:Citigroup Cuts Turkish Stocks on Economy, Recommends Russia - Businessweek