Resilience Holds Despite Geopolitical Headwinds Turkish equities have outperformed broader emerging markets in 2026, showing resilience despite geopolitical tensions and rising energy costs. However, elevated interest rates and external risks are driving sector divergence, with defense and energy stocks leading gains while banks remain under pressure. Borsa Istanbul Outperforms Emerging Markets MSCI Turkey Index has … Continue reading Turkey Equity Strategy: Winners and Losers