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8.3.1 Equity market dynamics
The most popular Turkey exchange-traded fund (ETF), the Nasdaq-listed and USD-denominated iShares MSCI Turkey ETF (TUR), has been hit by substantial losses. On January 21, it gained to its highest level since June 2018 at 29.36 but by February 10 it was 7% down on that level, closing the day
36 TURKEY Country Report March 2020 www.intellinews.com