Dogan Climbs to One-Month High on Expansion Bets: Istanbul Mover
By Taylan Bilgic - Apr 12, 2013 9:36 AM ET
Dogan Sirketler Grubu Holding AS (DOHOL), the owner of Turkey’s biggest media company, rose for a second day to a one-month high on speculation it will benefit from expansion plans.
The stock gained 1.8 percent to 1.13 liras at 4:20 p.m. in Istanbul, extending its two-day rally to 4.6 percent. Almost 30 million shares changed hands, or 88 percent of the three-month daily average. The Borsa Istanbul National 100 (XU100) index rose 0.2 percent, extending this week’s gain to 2.6 percent.
More:Dogan Climbs to One-Month High on Expansion Bets: Istanbul Mover - Bloomberg
