Turkish Stocks: Enka, Ericom, Park Elektrik, Turkish Airlines
The following are among the active equities in the Turkish market today. Stock symbols are in parentheses.
Enka Insaat & Sanayi AS (ENKAI) , an Istanbul-based builder, jumped the most in almost two weeks, rising 3.2 percent to 4.23 liras. The company was added to the ISE National 30 Index, which tracks the 30 biggest Turkish stocks, in a change effective today.
Ericom Telekomunikasyon & Enerji Teknolojileri AS (ERICO) (ERICO TI), a supplier of energy storage systems, jumped the most since November, adding 3 percent to 4.16 liras. The company will design lithium batteries for cars produced by Tofas Turk Otomobil Fabrikasi AS (TOASO), it said in a statement today.
Park Elektrik Uretim Madencilik Sanayi & Ticaret AS (PRKME) (PRKME TI), an electricity producer, rose 2 percent to 3.54 liras after its parent, Park Holding AS, received an extension from the state asset-sales agency to make a down-payment to purchase a power grid in Istanbul.
Turk Hava Yollari AO (THYAO) , or Turkish Airlines, gained 1.4 percent to 2.15 liras, rising for the first time in five days, after the competition board concluded an investigation into alleged violations of competition rules, saying the allegations were groundless.
To contact the reporter on this story: Benjamin Harvey in Istanbul at firstname.lastname@example.org
To contact the editor responsible for this story: Gavin Serkin at email@example.com