Turkey's Sisecam rise after beating Q2 estimates
** Shares in Sisecam SISE.IS rise around 4% after Turkey-based company engaged in the production of glass and chemicals reported a better-than-expected Q2 net profit
** The company posted Q2 net profit of 2.65 billion lira ($64.83 million)above market expectations
** Brokerage Yatirim Finansman says Sisecam's net profit is way above market consensus of 0.4 billion lira
** "Better than expected operating margins, driven by efficiency initiatives and some recovery in European pricing, led to stronger than expected quarterly results" Yatirim Finansman notes
** "We expect market reaction to the results to be positive on the back of better than expected operational performance" Yatirim Finansman adds
** The stock is among best performers in main BIST 100 index .XU100 which is up 0.22%
($1 = 40.8737 liras)
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