Bloomberg News

Turkish Stocks: Mardin Cimento, Yapi Kredi Finansal Are Active

March 01, 2012

Turkey’s benchmark ISE National 100 Index (XU100) was little changed at 60,725.88 at the close in Istanbul after rising 6.2 percent last month.

The following stocks were active. Stock symbols are in parentheses.

Mardin Cimento Sanayii & Ticaret AS (MRDIN) , a cement producer, gained 1.3 percent to 6.44 liras after reporting 2011 profit was 84.2 million liras ($48 million), beating estimates.

Yapi Kredi Finansal Kiralama AS (YKFIN) , the leasing unit of Yapi & Kredi Bankasi AS (YKBNK), surged 15 percent to 5.07 liras after saying it will offer at least 5.02 liras per share to minority shareholders as part of a plan to delist from the exchange.

To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus