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Thursday, March 25, 2010

Turkish stocks jump 3.5 pct to near record high | Industries | Financial Services | Reuters

"Turkish stocks jump 3.5 pct to near record high
Thu Mar 25, 2010 10:53pm IST

* Garanti leads banking rally

* Portugal downgrade sees funds flowing to Turkey

* Stocks could be hit if reform process rocky

(Adds quote, closing prices)

ISTANBUL, March 25 (Reuters) - Turkish shares surged 3.5 percent on Thursday, close to an all-time peak, boosted by demand for banks, easing political worries and big cashflows from less favoured emerging markets."

More:UPDATE 1-Turkish stocks jump 3.5 pct to near record high | Industries | Financial Services | Reuters