Turkey ETF Hits New High on Credit Rating Chatter
May 03, 2013 at 13:49 PM EDT
Shares of the iShares MSCI Turkey Investable Market Index Fund (NYSE: TUR ) are trading modestly higher Friday and earlier touched a new 52-week high at $76.04 a day after the Borsa Istanbul National 100 surged to its highest levels in at least 25 years. The catalyst behind TUR's good