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: Besiktas, Turkish Airlines Move in Istanbul

Don't Miss Out —
Follow us on:

May 30 (Bloomberg) -- Turkey’s benchmark ISE National 100 Index fell 0.6 percent to 55,125.29 at the close in Istanbul after declining as much as 1.3 percent in intraday trading.

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

Besiktas Futbol Yatirimlari Sanayi & Ticaret AS (BJKAS TI), the merchandising unit of Turkish sports club Besiktas, plunged to the lowest level in almost two years, falling 8.8 percent to 4.33 liras, after saying in a statement to the Istanbul Stock Exchange its soccer team has been banned from the Union of European Football Associations, or UEFA, competitions for a year and fined 200,000 euros ($248,000) for erroneous financial statements.

Turk Hava Yollari AO (THYAO TI), the carrier known as Turkish Airlines, fell 1.6 percent to 2.52 liras, the lowest since March 13, after canceling flights for a second day amid a pay dispute which prompted a go-slow action by employees yesterday.

To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net

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