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Turkish stocks soar 9% as bourse reopens following devastating earthquake

Por: MarketWatch Business February 15, 2023

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Those funds have been told they must now allocate 30% of the funds the government contributes to match individual pension contributions to equities, from a previous 10%, according to an announcement in the Official Gazette on Tuesday, . “The measures will likely help at least balance or limit losses in the market. The first few days are likely to be still volatile,” Burak Cetinceker, a money manager at Strateji Portfoy in Istanbul, . Trading... + full article



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