Turkish ECM reopens after top policy duo depart

Sam Kerr

November 10, 2020 11:45 am

erdogan_Albayrak_finance_minister_PA_575x375_Nov10 — ISTANBUL, TURKEY - OCTOBER 27, 2018: Turkey's President Recep Tayyip Erdogan (L) and Turkey's Treasury and Finance Minister Berat Albayrak during a summit of the leaders of Turkey, Russia, Germany, and France to discuss the situation in Syria. Mikhail Klimentyev/Russian Presidential Press and Information Office/TASS | Mikhail Klimentyev/Tass/PA Images

A $204m-equivalent trade in Turkcell, the Turkish mobile telephone operator, reopened Turkish equity capital markets on Monday evening, taking advantage of a boost in the country’s currency following the resignation of its finance minister and dismissal of its central bank governor over the weekiend.

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Topics

Central and Eastern Europe (CEE)Turkey Equity ABBs-Block Trades Europe Emerging Markets CEE Equity EMEA CEE

SK

Sam Kerr