- Fund managers say ban deters inflows by preventing hedges
- Ban was tightened last year in wake of twin earthquakes
Turkish officials are discussing easing a ban on short-selling of equities in hopes of attracting more overseas capital, people familiar with the matter said, reports Bloomberg.
Turkey imposed the ban early last year after a pair of earthquakes devastated entire regions in the country’s southeast. Officials are now considering easing the ban gradually or lifting it completely, but details haven’t been finalized and could change, the people said, asking not to be named because the discussions are private. The first step may involve the BIST-50 index of the 50 largest listed companies, they said.