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.
U.S. Vice President JD Vance arrived Tuesday in the Hungarian capital to deliver a message of support from Donald Trump to his ally, nationalist Prime Minister Viktor Orban, ahead of the tightly contested parliamentary elections.
Türkiye faces no problems regarding energy supply security, Energy and Natural Resources Minister Alparslan Bayraktar said.
Fenerbahçe struck deep into stoppage time to defeat Beşiktaş in a tense derby of Türkiye's Süper Lig on April 5, capitalizing on leader Galatasaray’s loss a day earlier to cut the gap at the top and revive the title race.