Turkey Retains Advanced Emerging Market Status in FTSE Russell Annual Report
International index provider FTSE Russell made no changes to Turkey's market classification in its annual report and did not include it on the watchlist.
International index provider FTSE Russell has released its eagerly awaited annual country classification report, announcing its decision regarding Turkey's market status. Accordingly, Turkey has retained its Advanced Emerging Market status and was not placed on any watchlist.
No Status Change
It was officially announced in the annual country classification report published by FTSE Russell that there were no changes made to Turkey's market status.
Watchlist Statement
The published report specifically emphasized that Turkey was definitely not placed on the watchlist where potential classification changes are evaluated.
Inter-Institutional Contacts
Following the postponements in the September index evaluation, it was reported that efforts are ongoing in coordination with Borsa Istanbul and the Capital Markets Board.
Work on Data Details
The core of the ongoing discussions involves evaluating the feasibility of providing Central Registry Agency data at a more detailed level.