Business & Finance
S&P Dow Jones Warns of Potential Frontier-Market Cut for Turkey
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S&P Dow Jones Warns of Potential Frontier-Market Cut for Turkey S&P Dow Jones Indices put Turkey on a watchlist for a potential cut to frontier-market status, joining MSCI Inc. in warning of downgrades. “S&P DJI is also monitoring market accessibility challenges and structural concerns, including stock ownership transparency in Turkey, along with the regulatory actions taken by Turkish authorities in response,” the index compiler said in a Tuesday statement.
S&P Dow Jones Warns of Potential Frontier-Market Cut for Turkey
S&P Dow Jones Indices put Turkey on a watchlist for a potential cut to frontier-market status, joining MSCI Inc. in warning of downgrades.
“S&P DJI is also monitoring market accessibility challenges and structural concerns, including stock ownership transparency in Turkey, along with the regulatory actions taken by Turkish authorities in response,” the index compiler said in a Tuesday statement.
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