Airport Operator Worst Hit Turkish Stock After Attacks: Chart


TAV Havalimanlari Holding AS plunged 5.5 percent as of 11:01 a.m. in Istanbul after coordinated attacks at Istanbul’s international airport on Tuesday night killed at least 40 people and wounded more than 200 during one of the busiest travel times of the year. The stock was the biggest decliner on the Borsa Istanbul 100 Index on a percent basis, as traders exchanged about 4 million shares, almost 10 times the 20-day average. The airport accounted for 51 percent of the company’s consolidated revenue in the first quarter.