Newsig · Financial Times

Turkish stocks slide in ‘fund run’ as investors withdraw $1bn

Index provider MSCI raises prospect of cutting Turkey from emerging market to frontier status amid accusations of ‘co-ordinated trading’ by fund managers

Why it matters

EEM (Emerging Markets) · Why linked: MSCI's potential reclassification of Turkey would affect weighting and flows in emerging-market ETFs. Market context: Potentially bearish if Turkey is downgraded, as outflows from Turkish exposure extend to broader EM ETFs.

Reaction tracking

A completed 24-hour reaction record is not available for this story yet. Newsig only publishes measured price movement when the required market data is present.

Read the original →

Curated by Newsig — News in. Signal out.
How the reaction data is measured · Editorial policy