Turkish Stocks: Adana Cimento, Frigo-Pak, Karsan Are Active
The following shares were active. Stock symbols are in parentheses.
Adana Cimento Sanayii TAS (ADANA) , a cement maker based in Adana in southern Turkey, declined 1.5 percent to 0.68 liras after Sabah newspaper reported that Sonmez Holding AS will build a $165 million cement plant in the same province.
Frigo-Pak Gida Maddeleri Sanayi & Ticaret AS (FRIGO) , an Istanbul-based processor and packager of food products, jumped 5.3 percent to 1 lira after saying it signed an accord for Universe Capital Partners LLC to invest in the company.
Karsan Otomotiv Sanayii & Ticaret AS (KARSN) , a Turkish motor vehicle maker, rose the most in almost a month, adding 2.6 percent to 1.19 liras after saying it won an Istanbul municipality auction to supply 200 natural gas-fired buses and spare parts.
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