Turkish construction companies rally on expectations of Syria rebuild boost

Turkish construction and cement company shares rallied on Monday, fueled by anticipated reconstruction efforts in Syria following President Assad's potential ouster. Foreign Minister Hakan Fidan confirmed Turkey's commitment to Syrian refugee repatriation and reconstruction. Companies like Enka İnşaat, Bursa Cimento, and Oyak Cimento saw significant stock increases, reflecting market optimism about upcoming opportunities in the Syrian construction sector.

Dec 9, 2024 - 01:30
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Turkish construction companies rally on expectations of Syria rebuild boost
Turkish construction and cement company shares rallied on Monday, fueled by anticipated reconstruction efforts in Syria following President Assad's potential ouster. Foreign Minister Hakan Fidan confirmed Turkey's commitment to Syrian refugee repatriation and reconstruction. Companies like Enka İnşaat, Bursa Cimento, and Oyak Cimento saw significant stock increases, reflecting market optimism about upcoming opportunities in the Syrian construction sector.

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