Wednesday, 04 July 2007

Credit Suisse Advises Buying Turkish Stocks on Political, Rate Outlook

(Bloomberg) -- Credit Suisse Group advised investors
to increase holdings in Turkish equities, especially banks,
because of the country's political and interest-rate outlook.

Switzerland's second-largest bank said investors should
increase holdings of Turkish stocks to 10 percent above their
weighting in benchmarks, strategists Alexander Redman, Yavuz Uzay
and Berna Bayazitoglu wrote in a report dated July 3 and
distributed today.


Read more at Bloomberg Stocks News

No comments: