Turkey’s benchmark ISE National 100 Index rose for a fourth day, adding 658.90, or 1 percent, to a one-month high of 64,874.57 at the 5:30 p.m. close of trading in Istanbul.
The following stocks were active. Symbols are in parentheses.
Anadolu Cam Sanayii AS (ANACM TI), a producer of flat glass and glass containers, rose 6 kurus, or 1.9 percent, to 3.24 liras, a five-week high, after saying full-year net income surged to 102.1 million liras ($65 million) from 15.6 million liras in 2009 and compared with an average estimate of 89.8 million liras by 16 analysts surveyed by Bloomberg.
BIM Birlesik Magazalar AS (BIMAS TI), a discount supermarket chain, climbed for a second day, adding 1.80 liras, or 3.8 percent, to 49 liras. Credit Suisse Group AG upgraded the company to “outperform” from “neutral” and gave it a price estimate of 56.60 liras per share, according to a note from Credit Suisse equity analyst Onur Muminoglu.
Celebi Hava Servisi AS (CLEBI TI), an airport ground services company, gained 70 kurus, or 2.8 percent, to 25.50 liras. Celebi Havacilik Holding AS and Dubai’s Abraaj Investment Management Ltd. are to form an equal partnership in a new company created from 22.6 percent of Celebi Hava.
Trakya Cam Sanayii AS (TRKCM TI), a producer of flat and motor vehicle glass, said full-year net income jumped to 211 million liras from 62.2 million liras in 2009. The shares climbed 14 kurus, or 4.4 percent, to 3.35 liras.