Stock Exchange Head Says Foreign Investors Are Positive After Court Ruling On Ak Party

ISTANBUL - Head of the Turkey's main share index said Thursday that country's top court ruling not to close the governing Justice and Development (AK) was received favorably by the foreign investors, ending a prolonged period of uncertainty.
"The ruling has opened Turkey's way and foreign investors are certainly positive on the issue," said Huseyin Erkan, president of the Istanbul Stock Exchange.
Erkan said foreign corporate investors had not exited the Turkish markets as they had the trust that the country would find a reasonable way out.
"They have never left. They are just waiting at the overnight market, waiting for the right time to re-enter," Erkan said.
(YMB-AÖ)
(ECO)