1/2/2008

Istanbul Stock Exchange ranks world's no 5

Hurriyet - Despite political uncertainties at home and the fluctuation concerning mortgage crisis abroad in 2007, Istanbul Stock Exchange (IMKB) ranked fifth among stock exchanges. It is expected that IMKB, which had a yield of 42 percent in 2007, will maintain its attraction this year. IMKB Index closed the last transaction day of the year with 55.538 points. IMKB attained its all-time-high of last year with 58.864 points in a session on October 15. Despite fluctuations, emerging markets had a noteworthy yield in 2007. Chinese stock exchange became the world's top-yielding stock exchange with a yield of 93.8 percent. Indonesia, Pakistan and India followed China. Among these countries, Turkey, which ranked fifth, drew attention thanks to its high-interest attraction.
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