World Bulletin / News Desk
Turkish electronics retail firm Teknosa has experienced its lowest close in a week after an investor revealed that he was about to sell 1.82 million shares. This would raise the firm’s equity available for trading by a fifth.
According to Bloomberg, more than 150,000 shares changed hands since 1 October, which is 87% of the three-month daily average.
Yesterday, investor Demir Sabanci said that he was planning to sell his shares. This would make almost 10% of the company’s 110 million shares available for trading.
Teknosa’s shares have seen a 57% growth so far this year, a 5.1% decline in the benchmark index.Last Mod: 10 Ekim 2013, 13:45