Stocks rise as PM says IMF talks to go on

Bloomberg

"It’s the first time in a long time that he’s speaking positively on the IMF," said Barbaros Özüyılmaz, who helps manage the equivalent of $1.1 billion of Turkish assets at Alternatifbank.

The Istanbul Stock Exchange’s benchmark IMKB-100 index added as much as 2.4 percent to 37,188.34 and was at 36,715.41 at 4:16 p.m. in Istanbul. The index closed at 37,033.87 on Sept. 12, the last day of trading before Lehman Brothers Holdings Inc. filed for bankruptcy on Sept. 15.