The iShares MSCI Turkey ETF (TUR), which trades on the NASDAQ, is down nearly 10% over the past week due to the Earthquake. A massive earthquake rocked southern Turkey and northern Syria on Monday, leaving thousands dead. The disaster caused Turkish stocks to slide amid the uncertainty. Countries around the world have rallied to the aid of the disaster-struck region, with numerous countries sending search-and-rescue teams.
ETF Newz Says:
The Turkish market was one of the best performers in the world last year gaining nearly 50%.