TUR Stock Recent News
TUR LATEST HEADLINES
In a sea of red across the global equity markets in the last year, Turkey stocks have shined. I see more upside ahead given the country ETF's low valuation, favorable seasonal trends, and bullish chart.
Voting in Nigeria and Turkey may mean different things for investors.
A massive earthquake struck Turkey and Syria on Monday, causing the Turkish stock market and an ETF benchmark that includes some of the country's major equities to decline.
Turkey's lira hit a record low and its stock market tumbled on Monday after a major earthquake killed nearly 1,500 people and wounded thousands of others in the country, piling on further economic hardship in a region already grappling with economic instability and geopolitical turmoil. Another 700 deaths have been reported in Syria, according to Reuters.
The $376.7 million iShares MSCI Turkey ETF (TUR), which tracks several dozen Turkish equities, jumped 6.7% Tuesday and was among the day's top ETF gainers.
Discussions between U.S. and Turkey's top diplomats boost iShares fund.
Wall Street was downbeat in December. The month snapped two consecutive months of gains.
VettaFi's vice chairman Tom Lydon discussed the iShares MSCI Turkey ETF (TUR) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Lydon noted that 2022 was a disappointing year for both equities and fixed income.
The BIST had an extraordinary performance to the year's end, and the TUR ETF has almost doubled in 2022. Despite the stellar stock market gains and relatively stable Lira, the Turkish economy's fundamentals are alarming as inflation hits almost triple digits.
Turkey ETF hit a 52-week high lately. Can the ETF soar higher?