(Repeats the story to make clear the European Union
pre-accession economic programme will be announced on Monday)
ISTANBUL, April 13 (Reuters) - Here are news stories, press
reports and events that could affect Turkish financial markets
on Monday.
The lira was trading at 1.5690 to the dollar early
on Monday after closing at 1.5665 on Friday. The main share
index <.XU100> closed at a fresh three-month high, up 1.02
percent at 28,838.28 on Friday, and the yield on the new Feb 2,
2011, bond <0#TRTSYSUM=IS> fell to 12.87 percent from a previous
close of 12.99 percent.
GLOBAL MARKETS
Asian shares rose on Friday, with South Korean stocks
hitting a 6-month high after the country averted recession in
the first quarter, as a Wall Street rally boosted risk demand
around the region and dented the yen.
[nSP476181]
IMF TALKS
Economy Minister Mehmet Simsek said there were still
"difficult issues" to be negotiated between Turkey and the
International Monetary Fund and a preliminary agreement has not
yet been reached.
Radikal newspaper cited the minister as saying that the
talks could continue until the end of this month, after talks
with the IMF on a stand-by deal were suspended in January.
ECONOMIC PROGRAMME
Three government ministers in charge of the economy will
announce the European Union pre-accession economic programme in
the afternoon on Monday. The papers say several key
macroeconomic indicators are expected to be revised.
OTOKAR
Turkish vehicle maker Otokar said on Friday in a stock
exchange filing that it would suspend production between April
13-18 and April 27-May 2 due to a fall in the car market.
DOGAN YAYIN HOLDING
Turkey's largest media group posted a 2008 net loss of 324
million lira late on Friday because of higher borrowing costs on
its foreign-denominated loans after the lira slid 25 percent in
2008. Dogan Yayin had a net profit of 617 million lira in 2007.
DOGAN HOLDING
Dogan Holding, which owns Dogan Yayin and the country's
biggest chain of petrol stations, posted a net profit of 70.6
million lira in 2008, down from a profit of 395.2 million a year
earlier.
CURRENT ACCOUNT BALANCE
The country's current account showed a surplus of $343
million in February, official data showed on Friday, compared
with a forecast of an $835 million surplus in a Reuters poll.
The current account was $3.871 billion in deficit in February
last year.
SISECAM
Turkish glass maker Sisecam posted 158.72 million lira net
profit in 2008 and said it would pay 50.78 million lira
dividend. The company said in a filing with the stock exchange
on Friday that its 2008 profit fell 42.9 percent versus the
previous year while its sales jumped 15.8 percent to 3.74
billion lira.
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 , lira bond
trading <0#TRTSYSUM=IS>.
((selcuk.gokoluk@reuters.com; Telephone: +90 312 292 7012;
Reuters Messaging: selcuk.gokoluk.reuters.com@reuters.net))
Keywords: TURKEY FACTORS/
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