IMKB generates Turkey’s highest returns in April
Posted by meb at May 12th, 2007
The İstanbul Stock Exchange (İMKB) generated the highest returns in the Turkish financial investment market in April.
According to Turkish Statistics Institute (Turkstat) data, the IMBK earned investors an 8.6 percent real rate in April. While investments in gold (bullion) depreciated by 0.7 percent, investments in the US dollar earned 4.55 percent, the euro earned 2.68 percent and bank deposit interest earned 0.17 percent last month.On an annual basis, as of April 2007, the highest return was in bank deposits — with 3.14 percent — followed by investments in the euro, with 1.34 percent returns. IMKB and US dollar investors lost 4.99 percent and 7.97 percent, respectively.
source: Today’s Zaman
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