July 19 (Bloomberg) -- Turkey’s benchmark ISE National 100 Index fell 184.87, or 0.3 percent, to 61,840.10 at the 5:30 p.m. close in Istanbul.
The following stocks were active. Symbols are in parentheses.
Anadolu Efes Biracilik & Malt Sanayii AS (AEFES TI), the Middle East’s biggest brewer, dropped 30 kurus, or 1.4 percent, to 21.75 liras. The antitrust regulator fined the company’s distribution unit, Efes Pazarlama & Dagitim Ticaret AS, 8.09 million liras ($4.9 million) for breaching a competition law that bars exclusivity clauses in beer distributors’ agreements with retailers.
Fenerbahce Sportif Hizmetler Sanayi & Ticaret AS (FENER TI), the merchandising arm of Turkish soccer club Fenerbahce, slumped 3.25 liras, or 6.2 percent, to 49.25 liras. Attorneys for jailed club chairman Aziz Yildirim, who is implicated in a match-fixing scandal, requested that an Istanbul court release him on bail, citing health problems, Sabah newspaper reported. Fenerbahce shares have lost 31 percent of their value since their close on July 1, just before Yildirim’s arrest.
Turk Telekomunikasyon AS (TTKOM TI), Turkey’s biggest phone company, fell as much as 2 percent in intraday trading before closing down 4 kurus, or 0.5 percent, at 7.96 liras. The company’s second-quarter profit fell to 505.7 million liras, less than the 555.4 million liras average estimate of 13 analysts in a survey compiled by Bloomberg, Turk Telekom said in a statement to the exchange after the market closed yesterday.
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