Turkey Stocks: Celebi Hava Servisi, Usas Ucak Move in Istanbul

Turkey’s benchmark ISE National 100 Index (XU100) fell 0.9 percent to 54,679.11 at 5:30 p.m. in Istanbul, declining for the first day in three.

The following stocks were active on the Turkish stock market today. Stock symbols are in parentheses.

Celebi Hava Servisi AS (CLEBI) , an airport ground services operator, fell 1.3 percent to 18.90 liras. Celebi’s parent Celebi Havacilik Holding AS will buy Fraport Ground Service Austria GMBH, which serves Vienna international airport, Celebi Hava said in a filing with the Istanbul Stock Exchange today. Fraport Ground Service has capital of 4.4 million euros, it said.

Usas Ucak Servisi AS (UCAK) , a Turkish airline caterer, advanced 7.8 percent to 2.91 liras, the biggest rise in almost four months. Owner Gate Gourmet Participations Espana SL sold its 56.3 percent stake in Usas to Turkraft Holding AS for 61.4 million liras, Usas said in a filing with the exchange today. The stake is worth 56 million liras, according to the current share price, Bloomberg data showed.

To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

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

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