Foreign investors are bailing on their bearish wagers against Turkish stocks, with short positions on an exchange-traded fund falling to their lowest level since early 2014. About 2% of the shares of the iShares MSCI Turkey ETF (ticker TUR) has been sold short, down from 20% in March, according to data from IHS Markit Ltd. Investors are unwinding their positions amid a world-beating rally in Turkish equities, which has been fuelled by local participants in the market seeking a hedge against out-of-control inflation. While the New York-traded fund is small by ETF standards, with only $250mn in assets, it’s seen as a gauge of international interest in Turkish stocks. The dollar-denominated ET
Hence then, the article about foreign etf investors dial back bets against turkish equities was published today ( ) and is available onGulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Foreign ETF investors dial back bets against Turkish equities )