Ford Otomotiv Sanayi AS (FROTO TI): The Turkish unit of Ford Motor Co. had its price estimate increased to 14 liras from 12.4 liras at Nomura Holdings Inc., according to an e-mailed report today. Ford Otosan, as the company is also known, dropped 20 kurus, or 1.5 percent, to 13.20 liras.
Haci Omer Sabanci Holding AS (SAHOL TI): Turkey’s second- biggest group of companies is among 39 bidders in auctions today for power grids on the Asian side of Istanbul, a region around the Mediterranean resort of Antalya and the city of Adana in southern Turkey. Ayen Enerji AS (AYEN TI) also placed an initial bid. Sabanci climbed 4 kurus, or 0.5 percent, to 7.62 liras.
Otokar Otomotiv & Savunma Sanayi AS (OTKAR TI): the maker of buses, jeeps and military vehicles got an order of $10.6 million to export armored vehicles, spare parts and to provide training, it said in a filing with the Istanbul Stock Exchange today. Otokar fell 10 kurus, or 0.5 percent, to 21.20 liras.
Turk Hava Yollari AO (THYAO TI): the government’s asset sales agency will accept applications for advising on the sale of the national carrier known as Turkish Airlines, until Jan. 7, CNBC-e television reported. Turkish Airlines declined 8 kurus, or 1.5 percent, to 5.32 liras. For the latest updates PRESS CTR + D or visit Stock Market news Today
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