Friday, June 8, 2007

Turkish Stocks Decline on Rising Bond Yields: World's Biggest Mover

(Bloomberg) -- Turkey's benchmark stock index dropped
for a third day as rising bond yields in the U.S. decreased the
appeal of riskier emerging-market assets.

Tupras Turkiye Petrol Rafinerileri AS, Turkey's biggest oil
refiner, and Turkiye Is Bankasi AS, the country's biggest bank,
paced the decline.


Read more at Bloomberg Stocks News

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