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Koza Altin Rises 3rd Day on Gold Strength, Lira Weakness

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June 16 (Bloomberg) -- Shrs +2.3% to 22.4 liras at 11:46am in Istanbul, taking 3-day advance to 8.2%. *Volume 57% of 3-mo. daily avg *Gold strength and TRY weakness is positive for Turkish gold producers, as gold is quoted in dollars: Kenan Cosguner, analyst at BNP Paribas’ Turkish unit, says by phone *“Investors are moving to safe bets”: Cosguner

To contact the reporter on this story: Constantine Courcoulas in Istanbul at

To contact the editors responsible for this story: Samuel Potter at Benjamin Harvey