Turkey – Factors to Watch on April 27

ANKARA, April 27 (Reuters) – Here are news, reports and events that may affect Turkish financial markets on Friday.

The lira stood at 4.0734 against the U.S. dollar at 0513 GMT, little changed from Thursday’s close of 4.0680.

The yield on the benchmark 10-year bond was at 12.60 percent in spot trade at Wednesday’s close.

The main BIST 100 share index fell 0.36 percent to 107,015 on Thursday.

GLOBAL MARKETS

Asian shares rose on Friday after U.S. equities were buoyed by a rebound in technology stocks, while markets in Seoul were underpinned by optimism as leaders of North and South Korea held their first summit in over a decade.

STEEL IMPORTS

Turkey will open an investigation into whether iron and non-alloy steel imports harm local producers, the government said on Friday.

F35 TRANSFERS

Three U.S. senators introduced a measure on Thursday aimed at blocking the transfer of Lockheed Martin’s F-35 Joint Strike Fighter to Turkey, a NATO ally and one of nine partner nations involved in producing the high-tech, radar-evading aircraft.

ARCELIK

The maker of white goods reported lower first-quarter profit and said it expected 20 percent revenue growth this year in lira terms.

YAPI KREDI

The lender said it would launch a right issue to raise capital develop its customer portfolio in small-sized loan segment, and develop new digital banking products.

ECONOMIC CONFIDENCE

Turkey’s Statistical Institute is due to release the economic confidence index for April at 10:00 am (0700 GMT). The index stood at 100.2 in March.

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Istanbul National-100 stock index, interbank lira trading, lira bond trading (Reporting by David Dolan)

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