Jan. 20 (Bloomberg) -- Turkey’s benchmark ISE National 100 Index gained for a fifth day, adding 0.5 percent to 54,888.55 the close in Istanbul. The index increased 6.5 percent this week.
The following stocks were active. Stock symbols are in parentheses.
Haci Omer Sabanci Holding AS (SAHOL TI), Turkey’s second-largest group of companies, added 2.7 percent to 6.04 liras, bringing its gain this week to 11 percent. ING Groep NV raised its 12-month price estimate for the stock to 7.40 liras from 7.32 liras.
Turcas Petrol AS (TRCAS TI), an energy holding company and fuel retailer, jumped 5.5 percent to 2.32 liras in its biggest daily gain since August. ING initiated the company at “buy” with a price estimate of 3.73 liras.
Turkiye Halk Bankasi AS (HALKB TI), a state-run bank, lost 1.8 percent to 10.75 liras, leading declines among banks after Citigroup Inc. cut price estimates for six lenders.
Turkiye Vakiflar Bankasi TAO (VAKBN TI), another state-run bank, declined 1.1 percent to 2.60 liras.
Vestel Elektronik Sanayi & Ticaret AS (VESTL TI), a producer of electronic household goods, added 2 percent to 2.06 liras, its highest since Oct. 31. Standard & Poor’s revised its outlook on the company to “positive” from “stable.”
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