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Anadolu Falls Most in Three Weeks After First-Quarter Loss

Anadolu Anonim Turk Sigorta Sirketi, Turkey’s non-life insurer, dropped the most in more than three weeks after reporting a first-quarter loss of 7.81 million liras ($4.4 million).

Anadolu Sigorta fell 2.2 percent to 90 kurus at the close in Istanbul, the biggest decline since April 10.

The loss in the first three months of this year compared with a profit of 4.51 million liras a year ago, Anadolu Sigorta said in a filing with the Istanbul Stock Exchange after the end of trading on April 30. Turkish markets were closed for the Labor Day holiday yesterday.

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