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Turkish Airlines surges 5,19% amid oil prices

The freefall on oil prices are fueling airlines stocks all around the world and Turkish Airlines is having its share of joy. Fueled with Bosnian airlines and austria air news, THY is on fire recent days.

Today, THY finished the day 5,19% higher closing at 7,10. THY posted gains of almost 20% from the start of september, beating the ISE-100 which posted gains of 7%.

 

THY is on the spot with its high quality service and business model and is the leading international airline in central asia. Investment guru Mark Mobius has heavily invested in THY stocks and getting the fruits of his investment.

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