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VESTL.E - Vestel Elektronik Sanayi Ve Ticaret AS News Story

TRY25.16 0.0  0.0%

Last Trade - 21/01/22

Mid Cap
Market Cap £463.6m
Enterprise Value £912.6m
Revenue £1.61bn
Position in Universe 64th / 653

Turkey - Factors to Watch on March 24

ISTANBUL, March 24 (Reuters) - Here are news, reports and 
events that may affect Turkish financial markets on Tuesday. 
    The lira  TRYTOM=D3  stood at 2.5475 against the dollar at 
0648 GMT, little changed from 2.5478 late on Monday. 
    The main share index  .XU100  rose 1.5 percent to 83,741.99 
on Monday. The benchmark 10-year government bond yield 
 tTR240724TA=IS  closed at 8.10 percent on Monday, compared with 
8.11 percent on Friday. 
    The U.S. dollar edged slightly higher against a basket of 
currencies, but remained well off recent highs as investors bet 
the Federal Reserve will stay its hand on hiking interest rates 
in the months ahead. The weaker dollar bolstered U.S. crude, but 
oil futures still pared most profits from the previous session.  
    Asian shares wobbled after a measure of Chinese factory 
activity unexpectedly skidded to an 11-month low, pointing up 
weakness in the economy.  ID:nL3N0WQ01R  
    Adnan Bali, the chief executive of Isbank, said late on 
Monday Turkey's biggest listed lender was not involved in 
partisan politics and criticised media reports raising questions 
about its shareholder structure and the bank's establishment in 
    Isbank shares declined last month when unconfirmed reports 
said the banking watchdog could take action against the 
Istanbul-based lender.  ID:nL5N0VX1E3  
    Deputy Prime Minister Bulent Arinc late on Monday denied he 
intended any disrespect towards President Tayyip Erdogan when he 
raised questions over the latter's criticism of government 
policy.  ID:nL6N0WP1L5  Arinc said the government needed to work 
harder to better inform Erdogan. 
    The European Union and Taiwan have said a bid by Turkish 
appliance manufacturer Vestel to get Ankara to impose emergency 
import tariffs on mobile phones would probably be illegal if it 
is approved.  ID:nL6N0WP2Y9   
    Finansbank's owner National Bank  NBGr.AT  late on Monday 
reported a loss in the third quarter as increased provisions for 
bad debt offset profit at its Turkish unit.  ID:nA8N0W0011  
    Note: For a list of forthcoming events, see  TR/DIARY .   
    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  
 (Reporting by Ayla Jean Yackley; Editing by Daren Butler) 
 ((; +90 212 350 7000; Reuters 
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