ISTANBUL Aug 7 A move by Yildiz Holding to sell
a stake in its private equity arm supported the main Turkish
stock index on Thursday, but Ukraine-related tensions kept gains
Islamic lender Bank Asya fell 6.8 percent after
Yigit Bulut, an adviser to Prime Minister Tayyip Erdogan,
contradicted comments by Deputy Prime Minister Ali Babacan that
it could be bought by state-run Ziraat Bank.
Shares in Yildiz Holding's private equity firm Gozde Girisim
rose as much as 10.7 percent after Yildiz, which also
owns chocolate maker Godiva and other confectioners, said late
on Wednesday it will sell up to 10 percent of Gozde to foreign
investors within a year.
Persistent tensions in Ukraine and investor anxiety over the
impact counter-sanctions imposed by Russia continued to drive an
emerging market sell-off.
The main Istanbul share index edged up 0.18 percent
to 79,575 points by 0744 GMT, outperforming the broader emerging
markets index which fell 0.45 percent.
The lira slipped to 2.1662 against the dollar,
from 2.1617 late on Wednesday.
The benchmark 10-year government bond yield
fell to 9.50 percent from 9.55 percent at Wednesday's close.
(Reporting by Dasha Afanasieva; Editing by Daren Butler and