Turkish Stocks: Aselsan, Celebi Hava Servisi, Koza Altin Move

Turkey’s benchmark ISE National 100 Index (XU100) added 0.6 percent to 56,118.94 at 11:11 a.m. in Istanbul, gaining for a fourth day.

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

Aselsan Elektronik Sanayi & Ticaret AS (ASELS) , a Turkish maker of electronic equipment for the defense industry, rose 3.5 percent to 10.5 liras, the highest level in almost three weeks, after saying it started talks for an estimated $400 million project. Aselsan plans to complete the talks with a foreign customer this year on an armed forces’ project estimated at $400 million, it said in a statement to the Istanbul Stock Exchange today.

Celebi Hava Servisi AS (CLEBI) , an airport ground- handler, jumped 5.3 percent to 15.9 liras, the highest in more than two weeks. Celebi will buy Newco Airport Services SA’s businesses at four Spanish airports for 1.5 million euros ($1.9 million) and take over Newco’s 4 million euros of leasing debt related to airport equipment after regulatory approvals in Spain, according to a filing with the Istanbul bourse after the market closed yesterday.

Koza Altin Isletmeleri AS (KOZAL) , a gold miner, fell 0.3 percent to 36 liras, declining for the first time in four days, after it was cut to hold from buy at Deutsche Bank AG.

To contact the reporter on this story: Aydan Eksin in Istanbul at aeksin@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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