The brokerage also lowered its rating on Akbank, the biggest Turkish bank by market value, to “underweight” from “neutral,” saying the outlook for earnings is less positive.
The remains of medieval ruler Czar Samuel arrived in Bulgaria on Oct. 3, after decades of negotiations with neighboring Greece.
Recent turmoil among investment funds is expected to drive investors toward safer assets as they take a more cautious stance, an expert noted.
Clocking in at 10 hours and 27 minutes, national swimmer Eda Savcıgil has made history at the Catalina Channel, becoming both the fastest woman and the youngest Turkish athlete to complete the swim.