ETF Trends
09-07-2008, 05:10 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/wp-content/uploads/2008/09/turkey1.jpgTurkish investment and related exchange traded fund (ETF) is ripe with opportunity as public investment spending is forecast to rise 11.8% year-on-year, to $29.7 billion in 2009.
Turkish government is set to push on with the privatization of the partly state owned Halkbank, if market conditions remain favorable, reports Hatice Aydogdu for Reuters (http://www.guardian.co.uk/business/feedarticle/7776649).
Next year municipal elections will be held and economists fear that pro-business, pro-reform government may dampen fiscal strength* before elections. Meanwhile, for the present year, the Turkish economy will continue to expand globally and focus on integration, reports Hot News for Turkey (http://www.hurriyet.com.tr/english/finance/9826468.asp?scr=1).
For 2008, the trade volume is targeted at $350 billion, great news for iShares MSCI Turkey Investable Market Index (TUR (http://finance.yahoo.com/q?s=tur)). It’s down 2.4% since its inception on April 1. Halkbank is 3.6% of the fund.
http://www.etftrends.com/wp-content/uploads/2008/09/z1.jpg
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/386030677/turkish-trade-volume-and-investment-is-healthy.html)
http://www.etftrends.com/wp-content/uploads/2008/09/turkey1.jpgTurkish investment and related exchange traded fund (ETF) is ripe with opportunity as public investment spending is forecast to rise 11.8% year-on-year, to $29.7 billion in 2009.
Turkish government is set to push on with the privatization of the partly state owned Halkbank, if market conditions remain favorable, reports Hatice Aydogdu for Reuters (http://www.guardian.co.uk/business/feedarticle/7776649).
Next year municipal elections will be held and economists fear that pro-business, pro-reform government may dampen fiscal strength* before elections. Meanwhile, for the present year, the Turkish economy will continue to expand globally and focus on integration, reports Hot News for Turkey (http://www.hurriyet.com.tr/english/finance/9826468.asp?scr=1).
For 2008, the trade volume is targeted at $350 billion, great news for iShares MSCI Turkey Investable Market Index (TUR (http://finance.yahoo.com/q?s=tur)). It’s down 2.4% since its inception on April 1. Halkbank is 3.6% of the fund.
http://www.etftrends.com/wp-content/uploads/2008/09/z1.jpg
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/386030677/turkish-trade-volume-and-investment-is-healthy.html)