Turkey Stocks: Albaraka Turk, Koza Altin, Marti, Park Elektrik

Turkey’s benchmark ISE National 100 Index (XU100) fell 0.6 percent to 62,062.69 at the close in Istanbul, declining for a second day.

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

Albaraka Turk Katilim Bankasi AS (ALBRK) , an Islamic bank, added 1.5 percent to 2.01 liras after announcing it applied to regulators to increase its capital by 361 million liras ($201 million) to 900 million liras.

Koza Altin Isletmeleri AS (KOZAL) , a gold miner, added 2.5 percent to 32.90 liras. Prime Minister Recep Tayyip Erdogan announced incentives to spur investment in industries including mining and tourism to help narrow Turkey’s current account deficit.

Marti Otel Isletmeleri AS (MARTI) , a hotel operator, gained 1.2 percent to 84 kurus, rising for a first day in three.

Park Elektrik Uretim Madencilik Sanayi & Ticaret AS (PRKME) , a copper miner, added 0.4 percent to 5.16 liras, reaching an all-time high.

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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