Turkish Stocks are a Bargain

Mobius remarked yesterday that the desire of the current government to enter the European Union (EU) is evident in the reforms it carried out to strengthen the economy.

"I am not influenced by the idea of Turkey’s accession to EU. The changes they have made to meet the criteria are more interesting," explained Mobius.

He pointed out that investors should be selective since the size of the Turkish stock market is relatively small.