Turkey - Factors to Watch on Nov 4

ISTANBUL, Nov 4 (Reuters) - Here are news stories, press
reports and events which could affect Turkish financial markets
on Tuesday.

The lira IYIX= traded at 1.5480 against the dollar early
on Tuesday compared with a close of 1.5435 on Monday. Turkey's
main share index .XU100 rose 0.56 percent to 27,987.65 points
on Monday. The yield on the benchmark June 23, 2010 bond fell to
22.74 percent from 24.15 percent on Friday <0#TRTSYSUM=IS>.

GLOBAL MARKETS

Japan's Nikkei index rose nearly 4 percent on Tuesday, as
exporters gained on the yen's recent weakness, though other
markets were down after reports pointed to a shrivelling U.S.
economy ahead of the presidential election. The elimination of
uncertainty surrounding the election could provide a short-term
boost to the dollar and equities though the longer-term impact
on investor sentiment, especially with regard to rescue policies
shaped only in the last several weeks, was unclear.

[ID:nL4333103]

INFLATION TRCPI=ECI

Turkish consumer price inflation sharply exceeded forecasts
in October, official data showed on Monday, but the figures were
not seen affecting expectations that interest rates will remain
on hold. The Turkish Statistics Institute said consumer prices
rose 2.60 percent month-on-month in October, compared with a
forecast rise of 1.55 percent, for a year-on-year rise of 11.99
percent. [ID:nL3670452]

TURK TELEKOM (TTKOM.IS)

Turk Telekom chief executive Paul Doany says the company
will not delay investments due to the global economic crisis and
plans to buy more than one company.

SEKERBANK (SKBNK.IS)

Sekerbank will transfer its 34 percent stake in the Calik
Seker consortium to Calik Holding for $20.3 million, it says in
a statement to the Istanbul Stock Exchange.

NOTE - For a diary of forthcoming events, see [TR/DIARY].

For other related news, double click on:
Turkish politics [TR-POL] Turkish equities [TR-E]
Turkish money [TR-M] Turkish debt [TR-D]
Turkish hot stocks [TR-HOT] Forex news [FRX]
All emerging market news [EMRG] All Turkish news [TR]

For real-time quotes, double click on: Istanbul National-100
stock index .XU100, Interbank lira trading IYIX=, lira bond
trading <0#TRTSYSUM=IS>.