Turkish Stocks Slump as Goldman Sachs Becomes More Cautious
This article is for subscribers only.
Turkish stocks weakened after Goldman Sachs Group Inc. turned more cautious on investing in the country because of its current-account deficit.
The ISE National 100 Index of equities lost 0.05 percent to 65,385.38 at the 5:30 p.m. close in Istanbul. Turkish stocks have declined for eight of the last 10 days, leaving the gauge with a loss of 0.9 percent so far in 2011.