Turkish Stocks: Aselsan Elektronik, Ayen Enerji, Vestel Beyaz

Turkey’s benchmark ISE National 100 Index (XU100) climbed 0.3 percent to 62,537.33 at the close in Istanbul, rising for a fifth day and reaching its highest since July 15.

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

Aselsan Elektronik Sanayi & Ticaret AS (ASELS) , a defense electronics contractor, increased 1.4 percent to 10 liras, a record high, after saying it signed an accord with Kaddb Investment Group to set up a joint venture in Jordan in which it will own a 49 percent stake.

Ayen Enerji AS (AYEN) , a utility, added 2 percent to 1.53 liras, its highest level on a closing basis since November 17, after saying it started power generation using wind turbines at a 72-megawatt facility in Kayseri, central Turkey.

Vestel Beyaz Esya Sanayi & Ticaret AS (VESBE) , a maker of home appliances, advanced 6.6 percent to 2.25 liras , the highest since Aug. 5, after parent Vestel Elektronik Sanayi & Ticaret AS (VESTL) said it increased its stake to 73 percent. Vestel Eleketrik shares gained 5.6 percent to 2.27 liras, the biggest gain in more than two months.

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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