Turkish Stocks: Akdeniz Guvenlik, Celebi, TAV, Uyum Gida Move
Turkey’s benchmark ISE National 100 Index (XU100) rose 1.2 percent to 62,721.31 at the close in Istanbul, the highest level since April 3.
The following shares were active. Stock symbols are in parentheses.
Akdeniz Guvenlik Hizmetleri AS (AKGUV) , a private security firm, climbed on its first day of trading to 12.35 liras from its initial public offering price of 10.90 liras per share recorded in the sale on June 28.
Celebi Hava Servisi AS (CLEBI) , an airport ground handler, and TAV Havalimanlari Holding AS (TAVHL) , an airport operator, rose after Aksam newspaper reported they were among companies interested in investing in North Cypriot assets, including operating rights to Ercan airport. Celebi added 1 percent to 15.90 liras and TAV jumped 5.2 percent to 9.70 liras, its biggest gain since Feb. 3.
Uyum Gida Ihtiyac Maddeleri Sanayi & Ticaret AS (UYUM TI), a Turkish food retailer, surged 7.1 percent after Vatan newspaper reported Tesco Plc of the U.K. was seeking to buy the company. The shares gave up gains to a loss of 1.5 percent at 2.65 liras after Uyum denied the report in a statement to the Istanbul Stock Exchange.
To contact the reporter on this story: Sibel Akbay in Istanbul at email@example.com
To contact the editor responsible for this story: Gavin Serkin at firstname.lastname@example.org