Sunday, 24 September 2017

Pessimism Starts Paying Off for Turkey Stock Bears - Bloomberg

Pessimism Starts Paying Off for Turkey Stock Bears - Bloomberg:

"After nine frustrating months, Turkey bears are gaining the upper hand.

Istanbul stocks are heading for the first monthly decline since November 2016, after posting one of the five best gains globally in 2017. This month, the benchmark index has slipped to the world’s worst performance in dollar terms after Qatari stocks as technical signs deteriorate. The pain may just be getting started if a surge in short traders’ bets is any indication."



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