Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Anadolu Efes, Coca-Cola Icecek: Turkey Equity Market Preview

The following stocks may be active in Turkey. Symbols are in parentheses and prices are from the last close.

Turkey’s benchmark ISE National 100 index fell 1,010.51, or 1.5 percent, to 65,499.20 on Dec. 15.

Anadolu Efes Biracilik & Malt Sanayii AS (AEFES TI): The Turkish brewer was rated new “overweight”, with a 12-month price estimate of 25.3 liras per share at JPMorgan Chase & Co. analyst Matthew Webb. Meanwhile HSBC Holdings Plc kept the company at “Underweight,” raising the price estimate to 21.8 liras from 19.3 liras. Anadolu Efes rose 15 kurus, or 0.7 percent, to 23.10 liras, the highest in two months.

Coca-Cola Icecek AS (CCOLA TI): The Turkish bottler and distributor of beverages, was rated new “overweight” with a 12-month price estimate of 23.8 liras per share at JPMorgan. The company was downgraded to “neutral” from “overweight” with its price estimate raised to 22 liras from 16.6 liras at HSBC Holdings Plc. Coca-Cola Icecek was unchanged at 20 liras.

Enka Insaat & Sanayi AS (ENKAI TI): The Turkish builder was raised to “buy” from “hold” at Citigroup Inc. Enka fell for a second day, losing 4 kurus, or 0.7 percent, to 5.64 liras.

Finansbank AS, the Turkish bank owned by National Bank of Greece SA, will apply to Turkey’s market and banking regulators to sell as much as 255 million shares in a secondary public offering, it said in a statement to the Istanbul Stock Exchange yesterday. Finansbank rose 16 kurus, or 2.75 percent, to 5.98 liras, the highest close since Nov. 12.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.