Ankara — Turkey banned six foreign banks from betting against the nation’s stocks in a move that appeared to contradict recent steps towards easing such restrictions. Shares in Istanbul gained, tracking an advance across emerging markets Monday.

Goldman Sachs, JPMorgan Chase, Merrill Lynch International, Barclays, Credit Suisse and Wood & Company have been barred from short selling stocks for up to three months, Borsa Istanbul said in a statement...

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