Turkey Stocks: Alarko Holding, Derimod, Dogan Holding, Migros

Turkey’s benchmark ISE National 100 Index (XU100) gained 0.8 percent to 56,003.47 at 10:38 a.m. in Istanbul, paring yesterday’s loss.

The following stocks were active.

Alarko Holding AS (ALARK) , a builder, gained 1.9 percent to 3.26 liras after it reported third-quarter profit rose to 42.4 million liras ($23.8 million) from 40.5 million liras a year earlier.

Derimod Konfeksiyon Ayakkabi Deri Sanayi & Ticaret AS (DERIM TI), a leather goods maker, jumped 5.6 percent to 4.35 liras after a report in Sabah newspaper that it was looking to buy an Italian chain of as many as 30 shops.

Dogan Sirketler Grubu Holdings (DOHOL) AS, a group of companies with interests in media and energy, fell 1.6 percent to 61 kurus after it said third-quarter losses widened to 24.9 million liras from 1.91 million liras a year earlier.

Migros Ticaret AS (MGROS) , a supermarket chain, added 1.6 percent to 15.75 liras after saying it earned 91.3 million liras in the third quarter. The company was expected to earn 21 million liras, according to the average of nine analyst estimates on Bloomberg.

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.