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: Fenerbahce, Turkcell Shares Move in Istanbul

June 22 (Bloomberg) -- Turkey’s benchmark ISE National 100 Index rose less than 0.1 percent to 60,451.41 at the close in Istanbul, gaining for a fourth day. The measure is up 9.7 percent this month, having advanced in 15 of the past 16 days.

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

Fenerbahce Sportif Hizmetler Sanayi & Ticaret AS (FENER TI), the listed arm of Istanbul soccer club Fenerbahce, soared 12 percent to 49.20 liras after the team was cleared for play in Europe’s Champions League Tournament. The clearance is “for the time being” and pending a final decision, Fenerbahce said in a statement to the exchange today, citing a letter from UEFA’s Control & Disciplinary Body.

Turkcell Iletisim Hizmetleri AS (TCELL TI), Turkey’s largest mobile phone company, advanced for a third day to the highest in more than a month, gaining 3.1 percent to 8.68 liras, after Moody’s Investors Service put the company on review for an upgrade. Shareholder MV Holding AS said it had raised its stake in Turkcell to 2.56 percent, up from 1.18 percent in a first-quarter filing on May 2.

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.