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Turkish Stocks: Fenerbahce, Mardin Cimento, Park Elektrik Move

May 7 (Bloomberg) -- Turkey’s benchmark ISE National 100 Index fell 0.4 percent to 58,809.68 at the close in Istanbul, extending its lowest level since Jan. 31.

The following shares were active. Stock symbols are in parentheses.

Fenerbahce Sportif Hizmetler Sanayi & Ticaret AS (FENER TI), the merchandising arm of Istanbul soccer club Fenerbahce, jumped 7.9 percent to 58 liras after the team defeated league rival Trabzonspor. Fenerbahce’s 3-1 win yesterday puts the team in second place behind league leader Galatasaray, according to information on the website of the Turkish Football Federation. The two teams play each other May 12 in Istanbul.

Mardin Cimento Sanayii & Ticaret AS (MRDIN TI), a cement producer, fell the most since August, dropping 4.4 percent to 6.60 liras after reporting a 60 percent drop in first-quarter profit to 6.7 million liras ($3.8 million), missing estimates.

Park Elektrik Uretim Madencilik Sanayi & Ticaret AS (PRKME TI), a Turkish mining company, rose to the highest since its listing in 1997, gaining 7.5 percent to 5.76 liras after announcing a plan to pay 0.67 lira gross dividend per share on May 31.

To contact the reporter on this story: Sibel Akbay in Istanbul at sakbay@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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