Turkey - Factors to Watch on Oct 24

Vestel Beyaz Esya Sanayi Ve Ticaret

24/10/2016 05:56

ISTANBUL, Oct 24 (Reuters) - Here are news, reports and 
events that may affect Turkish financial markets on Monday. 
    The lira  TRYTOM=D3  stood at 3.0785 against the dollar at 
0455 GMT, little changed from 3.0780 at the end of Friday. 
    The benchmark 10-year bond  TR110226TA=IS  stood at 9.81 
percent in spot trade on Friday and was at 9.82 percent in 
Monday-dated trade. 
    The main share index  .XU100  closed down 0.52 percent at 
78,843.66 points on Friday. 
     
    GLOBAL MARKETS 
    Asian stocks drifted without clear direction on Monday after 
Wall Street's sluggish performance late last week, while the 
dollar hovered near nine-month highs as fresh comments from a 
Federal Reserve official boosted bets of a rate hike by 
year-end. MSCI's broadest index of Asia-Pacific shares outside 
Japan  .MIAPJ0000PUS  inched up 0.1 percent. 
     
    MOSUL OPERATION 
    Turkish artillery is lending support to Kurdish Peshmerga 
fighters battling Islamic State militants near the Bashiqa camp 
in Iraq, Turkish Prime Minister Binali Yildirim was quoted as 
saying by CNN Turk and other media outlets on Sunday. 
 urn:newsml:reuters.com:*:nI7N1B5013 
     
    FRENCH FOREIGN MINISTER 
    Foreign Minister Mevlut Cavusoglu will meet his French 
counterpart Jean-Marc Ayrault (0930 GMT) and hold a joint news 
conference (1100 GMT). Ayrault will also meet Prime Minister 
Binali Yildirim (1300 GMT) and President Tayyip Erdogan (1400 
GMT). 
     
    PRESIDENT ERDOGAN 
    President Erdogan will host Palestinian President Mahmoud 
Abbas for dinner at the presidential palace (1630 GMT). 
     
    AKBANK  AKBNK.IS  
    The lender posted a net profit of 1.104 billion lira ($358 
million) for the third quarter on Friday, up from 671.6 million 
in the same period last year.  urn:newsml:reuters.com:*:nI7N1BJ014  
     
    ARCELIK  ARCLK.IS  
    The consumer electronics maker posted a Q3 net profit of 
262.8 million lira ($85.22 million), up from 212.4 million lira 
year ago.  urn:newsml:reuters.com:*:nFWN1CR0V4 
     
    VESTEL  VESBE.IS  
    The white goods maker showed a Q3 net profit of 89.6 million 
lira ($29.05 million), up from 34.3 million lira year ago. 
 urn:newsml:reuters.com:*:nFWN1CR0V5 
                 
    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  
 
 (Writing by Daren Butler) 
 ((daren.butler@thomsonreuters.com; +90-212-350 7122; Reuters 
Messaging: daren.butler.thomsonreuters.com@reuters.net)) 
 
Keywords: TURKEY FACTORS/