Turkish Stocks: Aselsan, Celebi Hava Servisi, Koza Altin Move
Turkey’s benchmark ISE National 100 Index (XU100) added 0.6 percent to 56,118.94 at 11:11 a.m. in Istanbul, gaining for a fourth day.
The following shares were active. Stock symbols are in parentheses.
Aselsan Elektronik Sanayi & Ticaret AS (ASELS) , a Turkish maker of electronic equipment for the defense industry, rose 3.5 percent to 10.5 liras, the highest level in almost three weeks, after saying it started talks for an estimated $400 million project. Aselsan plans to complete the talks with a foreign customer this year on an armed forces’ project estimated at $400 million, it said in a statement to the Istanbul Stock Exchange today.
Celebi Hava Servisi AS (CLEBI) , an airport ground- handler, jumped 5.3 percent to 15.9 liras, the highest in more than two weeks. Celebi will buy Newco Airport Services SA’s businesses at four Spanish airports for 1.5 million euros ($1.9 million) and take over Newco’s 4 million euros of leasing debt related to airport equipment after regulatory approvals in Spain, according to a filing with the Istanbul bourse after the market closed yesterday.
Koza Altin Isletmeleri AS (KOZAL) , a gold miner, fell 0.3 percent to 36 liras, declining for the first time in four days, after it was cut to hold from buy at Deutsche Bank AG.
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