12/14/2009

Turkey and Greece-30 Index promoted

AA - The Chairman of the Istanbul Stock Exchange (ISE) said that the Turkey and Greece-30 Index (GT-30) will provide individual and industrial investors with easy access to big companies on the Turkish and Greek stock exchanges.

Huseyin Erkan said at a meeting to promote the GT-30 Index that the GT-30 is a customized index, created as a result of the cooperation between the Istanbul Stock Exchange, the Athens Stock Exchange (ATHEX) and STOXX Ltd., a global index provider.

"The index will help us draw the attention of investors to the Turkish and Greek stock exchanges. The Index is calculated independently by STOXX and will be used as a foundation for creating a variety of new financial products, including Exchange Traded Funds (ETFs) to be traded on both markets, and thereby provide new investment opportunities to investors for the stocks traded on the ISE and ATHEX, at lower costs", he noted.

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