"Turkish Markets Slide Further On EU Impasse
Monday, October 03, 2005 5:52:15 AM ET
Dow Jones Newswires
0944 GMT [Dow Jones] Turkish markets have lost more ground in morning trade, waiting for a resolution from EU to allow accession talks to proceed as scheduled Monday. Benchmark IMKB-100 stocks ended the first half of day down 882.25 points, or 2.7, at 32450.98, Ihlas News Agency reports. Lira now 1.4% lower against dollar at TRY1.3665, and 0.4% lower against the euro at TRY1.6305. Yield on benchmark March 2007 bond up around 20bps at 15.40%. Benchmark 11.875% dollar bond due 2030 shed a point in price to 145.625% of face value. (ECB)"
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