African deals lift Turkish pasta producer Oba to top of BIST 100
04/08/2026 08:37
BUZZ-African deals lift Turkish pasta producer Oba to top of BIST 100 ** Shares in Oba Makarnacilik OBAMS.IS rise around 6% after the company signed new export sales contracts worth $50 million with distributors in Africa
** The Turkish pasta producer said late on Monday it signed contracts with distributors in Ghana, Benin, Somalia, Togo, Kenya and Burkina Faso
** Orders fully utilize about three months of production capacity at the company's Gaziantep and Hendek plants, brokerage Ziraat Yatirim notes
** Shares on track for their best day since March 16, when they closed 5.9% higher
** Oba is the best performer on the BIST 100 .XU100 index
(Reporting by Arda Dipova)
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African deals lift Turkish pasta producer Oba to top of BIST 100
Brief: Oba Makarnacilik Says It Signs New Export Sales Contracts Worth $50 Million With Distributors In Africa