Bloomberg News

Turkey Equity Movers: Arcelik, Halkbank, Isbank, Yapi Kredi Move

August 06, 2012

ISE National 100 +0.4% to 65,576.81, rising 2nd day, at close in Istanbul, with 58 advancers, 28 decliners.

ADVANCERS * Yapi Kredi (YKBNK TI) +2.3%, rising second day; PT raised to 4.4 liras vs 4.05 liras at BNP Paribas: Bloomberg data * Isbank (ISCTR TI) + 1.9%, highest since Jan. 6 ** Co. may report 906m 2Q profit, BGC Partners says today; avg. est. 809m liras (11 analysts) * Arcelik (ARCLK TI) +1.6%; HSBC raised PT to 10.6 liras from 9.80 liras, according to Bloomberg data

DECLINERS * Halkbank (HALKB TI) -0.6%, declining from record high after 5.9% gain on Aug. 3

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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