ISTANBUL, April 30 (Reuters) - Here are news stories, press
reports and events that could affect Turkish financial markets
on Thursday.
The lira was trading at 1.587 to the dollar in early
trade after gaining more than 2.6 percent to close at 1.595 on
Wednesday. The main share index <.XU100> rose to a six-month
high of 30,746.39 points, up 5.34 percent on the day. The yield
on the new Feb 2, 2011, bond <0#TRTSYSUM=IS> fell to 12.28
percent on Wednesday from a previous 12.40 percent.
GLOBAL MARKETS
World stocks strike a four-month peak, powered by gains in
Asia, as investors take heart from signs of improvement in the
U.S. economy. A record drop in U.S. business inventories in the
first-quarter and surprisingly robust consumer spending are seen
by economists as a sign growth will pick up in the world's
largest economy in the coming months.
[n:SP121257]
CABINET RESHUFFLE
Prime Minister Tayyip Erdogan is expected to present changes
in his cabinet for presidential approval this week. The
foreign-policy and economy posts may change as the government
tries to tackle a weakening economy.
INFLATION
The Central Bank is due to release its quarterly inflation
report.
TRADE
March trade-balance data is due at 1400 GMT.
OTOKAR
The vehicle manufacturer owned by Koc Holding
posts an 18 percent decline in first-quarter net profit as
demand in the automotive sector worldwide slumps, Referans
newspaper says. Sales fall 2 percent to 117.5 million lira.
Otokar remains profitable because of orders it received last
year for armoured vehicles, Referans says.
AKSA AKRILIK
Aksa Akrilik receives a 49-year license from the state
energy-markets regulator to produce electricity in northwest
Turkey, it said in a statement to the Istanbul Stock Exchange.
ANADOLU EFES
Turkey's biggest beer-maker Efes will distribute a net
dividend of 0.2580 lira per nominal one lira share for corporate
tax payers, and net of 0.2193 for real persons, according to a
filing with the 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 , lira bond
trading <0#TRTSYSUM=IS>.
Keywords: TURKEY FACTORS/
Keywords: TURKEY FACTORS/
(C) Reuters 2009. All rights reserved. Republication or redistribution of
Reuters content, including by caching, framing or similar means, is expressly
prohibited without the prior written consent of Reuters. Reuters and the Reuters
sphere logo are registered trademarks and trademarks of the Reuters group of
companies around the world.
nLU970864
