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1514GMT 12Feb2010 - Ran Lojistik jumps 11% on partnership --------------------------------------------------------------
Shares in Ran Lojistik <RANLO.IS>, a Turkish freight company, jump 10.9 percent to 4.46 lira after it says it will sign a partnership agreement with U.S.-based EMO Trans on air and sea operations.
"The rise in the shares stems from the partnership statement," says Ozgur Yurtdasseven of Meksa Invest. "Ran is planning to increase volumes in areas where it is weak, and a deal could reflect positively on its financials."
Co-operation would give Ran the opportunity to work in 80 countries, it says in a filing with the stock exhange. It does not provide further details or give a value for the deal.
(Reporting by Evren Ballim)
rm://ayla.yackley.reuters.com@reuters.net
1340GMT 12Feb2010 - Turkcell falls on connection rates cut --------------------------------------------------------------
Shares in Turkcell <TCELL.IS>, the country's leading mobile phone company, fall 2.9 percent to 9.9 lira after the state regulator slashed the rates operators are able to charge to connect calls from other networks.
"One reason is that mobile interconnect rates have fallen. This development reduces Turkcell's on net advantage as market leader and reduces ARPU (average revenue per user)," BGC Partners equity analyst Erdem Hafizoglu said.
"Connection rates were reduced by a big proportion of 52 percent."
He added the stock might also been hurt after Turk Telekom warned Turkey's mobile phone price war was continuing after its earnings showed tighter margins at its mobile phone unit Avea.
(Reporting by Evren Ballim)
rm://alexandra.hudson.reuters.com@reuters.net
0815GMT 12Feb2009 - PGE jumps on Polish treasury report --------------------------------------------------------------
Poland's top utility PGE <PGEP.WA> jumps 3.8 percent, bouncing back from a record low of 20.93 zlotys hit on Thursday, after Polish treasury said it would not sell more shares in the company below last year's IPO price of 23 zlotys, traders said.
Reuters broke the news on Thursday evening in an interview with treasury minister Aleksander Grad, who added Poland would sell a 10-percent stake in PGE this year. [
]PGE, which is to enter Warsaw's bluechip WIG20 <
> index in late March, trades at 21.51 zlotys.rm://adrian.krajewski.thomsonreuters.com@reuters.net