Israel Apology Boosts Turkey Tourism Stocks to 2-Month High

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Turkish tourism companies rose on speculation that Israeli tourist arrivals to Turkey will rebound after an apology by Prime Minister Benjamin Netanyahu for the Israeli army’s killing of nine Turks three years ago.

The Istanbul Stock Exchange’s tourism index gained 1.9 percent to 6001.19 at the close in Istanbul, its highest level since Jan. 29. The Istanbul Stock Exchange National 100 Index climbed 0.4 percent.