Turkish Stocks: Denizbank, Emlak Konut, Koza Altin, Vestel Move
The following stocks were active. Stock symbols are in parentheses.
Emlak Konut Gayrimenkul Yatirim Ortakligi AS (EKGYO) , Turkey’s largest real estate company, gained 1.5 percent to 2 liras after saying it increased revenue last year to 3.23 billion liras ($1.7 billion) from 2.1 billion liras in 2010.
Koza Altin Isletmeleri AS (KOZAL) , a gold miner, dropped 3.3 percent to 26.40 liras after announcing its resources and reserves today. Resources increased 13 percent in 2011, while reserves rose 23 percent, the company said.
Vestel Elektronik Sanayi & Ticaret AS (VESTL TI), an electronics producer, jumped 6.2 percent to 2.06 liras. The company targets 15 percent sales growth in 2012, is considering a bid to build smart tablets for schools and may buy a brand abroad, Chief Executive Officer Omer Yungul said at a news conference today in Istanbul.
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