Bloomberg News

Turkish Stocks: Banvit Bandirma, Goldas Kuyumculuk, Mepet Move

July 17, 2012

Turkey’s benchmark ISE National 100 Index (XU100) fell 0.3 percent to 62,472.82 at the close in Istanbul, breaking two days of gains.

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

Banvit Bandirma Vitaminli Yem Sanayii AS (BANVT) , a Turkish poultry producer, climbed as much as 1.7 percent before paring gains to 0.7 percent at 4.12 liras after announcing it will set up a company in the United Arab Emirates to market its products in Gulf countries.

Goldas Kuyumculuk AS (GOLDS) , a Turkish producer of gold and silver jewelry, rose 1.8 percent to 0.56 liras after saying its owner Yalinkaya Group started cooperation talks with London- based Delamore & Owl Group of Companies.

Mepet Metro Petrol & Tesisleri Sanayi & Ticaret AS (MEPET) , a fuel retailer, rose the most in almost six weeks, gaining 3.7 percent to 1.67 liras after saying it plans a gas station, shopping mall, hotel and mosque project in Saudi Arabia with a partner.

To contact the reporter on this story: Aydan Eksin in Istanbul at aeksin@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net


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