Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Turkey Stocks Movers: Petkim Petrokimya, Turcas Petrol

Don't Miss Out —
Follow us on:

Dec. 28 (Bloomberg) -- Turkey’s benchmark ISE National 100 Index fell 1.9 percent to 51,553.20 at the 5:30 p.m. close in Istanbul, declining the most in two weeks.

The following stocks were active on the Turkish stock market today. Stock symbols are in parentheses.

Turcas Petrol AS (TRCAS TI), a Turkish fuel retailer, jumped 2.4 percent to 2.15 liras, in the biggest advance since Dec. 2. Turcas agreed to sell its 25 percent stake in Socar & Turcas Enerji AS to the State Oil Co. of Azerbaijan, known as Socar, for $44 million, Petkim Petrokimya Holding AS, Turkey’s biggest chemicals maker controlled by Socar & Turcas Enerji, said. Turcas also signed an accord to buy 18.5 percent of Socar & Turcas Rafineri AS from Socar & Turcas Enerji for 9.25 million liras, Petkim said in a statement to the bourse today. Turcas aims to focus on refining and fuel retailing, the company said Dec. 19.

Petkim (PETKM TI) fell 0.5 percent to 1.99 liras.

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

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.