What’s in Store for Turkish Stocks, Economy After the Elections?: BI Webinar

Turkey's upcoming elections herald a pivotal moment for the country, with wide-ranging implications for its economy, capital markets and industries. The odds of a return to more orthodox policies after the election is rising as the economy grapple with lackluster investment, weakening lira, and rampant inflation while the capital buffer for Turkey's four largest banks may be sufficient to weather any notable devaluation of the lira or rapid rate hikes. Turkish stock exchange's discount to emerging markets on forward P/E remains at a historical high in the eve of the election even after almost 50% appreciation in dollar terms over the last 12 months. Join analysts from Bloomberg Economics and Bloomberg Intelligence for a discussion of macroeconomic outlook and the potential impact on Turkish stocks in key industries.