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

Turkish Stocks: Global Yatirim, Garanti Move in Istanbul

Dec. 29 (Bloomberg) -- Turkey’s benchmark ISE National 100 Index rose 1 percent to 52,053.62 at the 5:30 p.m. close in Istanbul.

The following are among the active equities on the Turkish market today. Stock symbols are in parentheses.

Global Yatirim Holding AS (GLYHO TI), a Turkish group with interests in energy, port operations and finance, rose 6.4 percent to 1.17 liras, the highest level in almost three months. Global Yatirim signed an accord with China National Electric Engineering Co., Ltd. to build a 270-megawatts thermal power plant at Sirnak in southeast Turkey. China National will get a 10 percent stake in Global’s unit Galata Enerji which plans to complete the plant in 30 months from the first quarter of 2012, Global Yatirim said in a statement to the bourse after the close yesterday.

Turkiye Garanti Bankasi AS (GARAN TI), the biggest listed bank, climbed 1.7 percent to 6 liras. The central bank provided more funding to banks in an auction of one-week repo today, lending 15 billion liras at 10.6 percent average annual interest.

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.