March 1, 2012 / 6:41 AM / 6 years ago

Turkey - Factors to Watch on March 1

ISTANBUL, March 1 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Thursday.

The lira stood at 1.7475 against the dollar at 0638 GMT, slightly down from 1.7460 late on Wednesday.

Turkey’s two-year benchmark bond closed at 9.13 percent on Wednesday, down from a previous close at 9.23 percent, as the dip in oil prices calmed inflation fears.

The Istanbul stock index rose 1.24 percent to 60,721 points, outperforming a 0.97 percent rise in the MSCI emerging markets index.


Asian shares fell on Thursday as Federal Reserve Chairman Ben Bernanke put the brakes on a recent rally by curbing optimism about the strength of the U.S. economic recovery, but without signalling any further monetary easing to stimulate growth.

Chinese official and private-sector factory data also reminded investors of the fragile state of the global economy, while suggesting Beijing could avoid a hard landing.


The Turkish Exporters Assembly will announce data for February exports.


The Istanbul Chamber of Commerce will release inflation data for February.


The PMI index for February will be announced (0800).


Gold imports data for February to be annnounced by the Istanbul Gold Exchange.


Turkish movie chain said it completed the sale of a 49.43 percent stake to Mars Sinema for $49 million.

Note: For a list of forthcoming events, see.

For other related news, double click on: Turkish politics Turkish equities Turkish money Turkish debt Turkish hot stocks Forex news All emerging market news All Turkish news

For real-time quotes, double click on: Istanbul National-100 stock index, interbank lira trading, lira bond trading ($1 = 1.7662 Turkish liras) (Writing by Daren Butler)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below