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Turkey's Tupras rises on better than expected Q2 result



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** Shares in Turkiye Petrol Rafinerileri Tupras TUPRS.IS rise 4.5% as the group'sQ2 results beat estimates

** The company, which is engaged in the refining of crude oil and petroleum product, reported Q2 revenue up year-on-year at 190.72 billion lira

** Deniz Yatirim says the topline came inabove consensus of 188.76 billion lira

** Tupras' net profit declined in Q2 to 5.00 billion lira but Halk Yatirim says the drop was smaller-than-feared as the market expected 3.5 billion lira

** The stock is one of the top performers on Turkey's BIST 100 index .XU100, which is up 1.78% amid a broader rebound from previous day's steep declines




Reporting by Canan Sevgili

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