Turkey - Factors to Watch on June 26

Haci Omer Sabanci Holding

26/06/2020 05:34

ANKARA, June 26 (Reuters) - Here are news, reports and
events that may affect Turkish financial markets on Friday.
    The lira  TRYTOM=D3  stood at 6.8525 against the U.S. dollar
at 0434 GMT, firming slightly from Thursday's close of 6.8550. 
    The main BIST 100 share index  .XU100  fell 0.27% to
114.138,95 on Thursday.
    
    GLOBAL MARKETS
    Asian stock markets ground higher on Friday, and are set to
end a choppy week more or less where they began it as surging
coronavirus infections cast a shadow over encouraging economic
data and checked hopes for a swift global recovery.  urn:newsml:reuters.com:*:nL4N2E30IB
    
    CORONAVIRUS
    The number of people who have died from COVID-19 in Turkey
rose on Tuesday by 21 to 5,046, Health Ministry data showed. The
overall number of cases rose by 1,458 to 193,115, the data
showed, with 165,706 recovered from the virus.
    
    CENTRAL BANK
    Turkey's central bank unexpectedly halted a nearly year-long
easing cycle on Thursday by keeping its key interest rate
unchanged at 8.25% and citing upward pressure on inflation
through the coronavirus pandemic.  urn:newsml:reuters.com:*:nL8N2E234I
    
    LIBYA
    Libya's internationally recognised government demands that
Khalifa Haftar's forces withdraw from the coastal city of Sirte
and Jufra region as pre-conditions for ceasefire talks, Turkey
said on Thursday.  urn:newsml:reuters.com:*:nA4N2AJ00X
    
    SABANCI  SAHOL.IS 
    Sabanci Holding  SAHOL.IS  aims to expand in areas where the
Turkish conglomerate already has expertise such as energy and
material technologies and is seeking investment abroad, its
Chief Executive Cenk Alper said on Thursday.  urn:newsml:reuters.com:*:nL8N2E23OY
    
    MSCI INDEX
    Turkey's potential ejection from MSCI's widely followed
emerging markets index could suck almost a billion dollars out
of its stock markets, dealing another blow to the country, whose
position is already waning on global markets.  urn:newsml:reuters.com:*:nL8N2E13GA
    
    ENERGY MINISTER
    Turkish Energy Minister Fatih Donmez will visit the site of
the Akkuyu nuclear power plant project in Mersin (1000 GMT) and
later speak to reporters (1100 GMT).
    
    DEFENCE INDUSTRY CHIEF
    Defence Industry Director Ismail Demir will speak during a
YouTube interview (0800 GMT).
    
    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    

 (Compiled by Tuvan Gumrukcu)
 ((tuvan.gumrukcu@tr.com; +90 312 292 7021; @tuvangumrukcu;
Reuters Messaging:
tuvan.gumrukcu.thomsonreuters.com@reuters.net))