Wednesday, April 25, 2007

Turkish Index Rises, Led by Erdemir on Bid Report: World's Biggest Mover

(Bloomberg) -- Turkish stocks climbed to an all- time high. Eregli Demir & Celik Fabrikalari TAS, the country's largest steelmaker, led gains after a newspaper said Arcelor Mittal may buy the company.

The ISE National 100 Index rose 1017.82, or 2.2 percent, to 48,032.72 in Istanbul, making the biggest move among equity markets included in global benchmarks. Seven shares gained for each one that fell.


Read more at Bloomberg Stocks News

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