ISTANBUL |
ISTANBUL Jan 13 (Reuters) – Here are news, reports and
events that may affect Turkish financial markets on Thursday.
The lira IYIX= stood at 1.5600 against the dollar in early
trade on the interbank market, gaining from 1.5680 on Wednesday.
The main share index .XU100 rose 0.38 percent to 67,923.91
points. The yield on the Aug 8, 2012, bond 0#TRTSYSUM=IS rose
to 7.03 percent from Tuesday’s 6.97 percent.
GLOBAL MARKETS
The euro was stable and could head higher if Spain and
Italy, like Portugal, also see demand for their debt. U.S. oil
rose above $92 a barrel and grain prices rose, potentially
straining consumers with more expensive food.
Financial stocks shone, with HSBC in London outperforming
for a second day. The MSCI index of Asia Pacific shares outside
Japan rose 0.8 percent, within striking distance of a 2-1/2-year
high. See [ID:nnL3E7CD04P].
CENTRAL BANK ON GROWTH, DEFICIT
Turkey grew more than 8 percent in 2010, well above a
government forecast, Central Bank Governor Durmus Yilmaz said
late on Wednesday, but he warned credit growth was a concern and
the current account deficit was a major risk. [ID:nLDE70C00T]
AKBANK (AKBNK.IS)
The lender plans to issue eurobonds worth up to $1.5
billion, according to a stock-exchange filing late on Wednesday.
Issuance may come in one or several tranches.
ISBANK (ISCTR.IS)
Turkey’s biggest listed lender said late on Wednesday that
the banking regulator has approved an application to issue up to
5 billion lira worth of bonds with varying maturities.