Erdogan Retaliation Seen Hurting Gulen Companies: Istanbul Mover
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Companies close to Fethullah Gulen’s religious movement plunged in Istanbul on speculation that Turkish Prime Minister Recep Tayyip Erdogan is regaining the upper hand in a power struggle with the Islamic cleric.
Islamic lender Asya Katilim Bankasi AS slumped 11 percent, energy explorer Ipek Dogal Enerji Kaynaklari & Uretim AS also dropped 11 percent, gold explorer Koza Altin Isletmeleri AS fell