American depositary receipts of Turkish cell phone company Turkcell Iletisim Hizmetleri ( TKC) fell 3.9% to $17.50 after news of a downgrade to neutral from buy by Bank of America Merrill Lynch.

Lloyds' ( LYG) and Royal Bank of Scotland's ( RBS) American depositary receipts have fallen 2.4% to $4 and 0.5% to $12.72, respectively, in premarket trading on concerns about their exposure to Ireland's troubled financial sector.

-- Written by Andrea Tse in New York.

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