Bloomberg News

Turkey Stocks: Tekfen, Turkish Airlines Move in Istanbul Trading

May 10, 2012

Turkey’s benchmark ISE National 100 Index (XU100) rose for the first time in five days, adding 1.3 percent to 58,820.76 at the 5:30 p.m. close in Istanbul, the biggest jump since March 30.

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

Tekfen Holding AS (TKFEN) , a Turkish builder, climbed 3.9 percent to 6.38 liras, its highest level since April 30, after saying first-quarter profit increased 21 percent to 92.4 million liras ($52 million), exceeding estimates.

Turk Hava Yollari (THYAO) , the national carrier known as Turkish Airlines, added 1.9 percent to 2.75 liras after reporting passenger numbers increased 19 percent to 11.1 million in the first four months from a year earlier.

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


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