Monday, September 19, 2011

Turkish Stocks Rebound to World’s Best in Month as Rate Cuts Boost Banks - Bloomberg

Turkish Stocks Rebound to World’s Best in Month as Rate Cuts Boost Banks

By Benjamin Harvey - Sep 19, 2011 12:42 PM GMT+0300

Turkey’s benchmark stock index is climbing the most among major equity gauges worldwide in the past month as investors grow convinced that interest rate cuts will stimulate growth without causing the economy to overheat.

More:Turkish Stocks Rebound to World’s Best in Month as Rate Cuts Boost Banks - Bloomberg