Monday, April 30, 2007

Turkcell, Boyner, Izocam, Turk Ekonomi Bankasi: Turkish Equity Preview

(Bloomberg) -- The following stocks may rise or fall in Turkey today. Company symbols are in parentheses and prices are from the previous close. The ISE National 100 Index dropped 4 percent to 44,984.45 yesterday after the military signaled at the weekend it would block the government's presidential candidate, possibly forcing an early election.

Turkcell Iletisim Hizmetleri AS (TCELL TI): The country's biggest mobile-phone company signed a $30 million 18-year license to operate in Turkish-held northern Cyprus, it said in a filing with the Istanbul Stock Exchange. KKTCELL, its Turkish Cypriot unit, has paid half of the fee and will pay the rest in five monthly installments, the filing said. Turkcell fell 10 kurus, or 1.3 percent, to 7.60 liras.


Read more at Bloomberg Stocks News

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