Turkey Wake-up call: Macro, Political and Equity News, 16th March
BIST slipped 0.44% yesterday as the profit-taking in late afternoon erased earlier gains and some more. Banks managed to buck the slide with the 0.73% gain in their sector index amid strength in ISCTR and YKBNK. THYAO, TOASO, FROTO, MAVI, OYAKC, KARSN, and AEFES topped the non-bank gainers for the day while TUPRS, TTKOM, TCELL, KRDMD, BIMAS, SOKM, KRVGD, GOZDE, and YATAS were among the weak spots. Today, we have a muted local macro agenda and developments in the Ukraine-Russia war as well as the FED decisions later in the day will be under the spotlight. BIST is off to a positive start given the upbeat sentiment in global bourses this morning. U.S. futures are up 0.3% in early trades on top of c.0.9% overnight gains after we left and Asian equity benchmarks are all trading in the green.
The Institutional Equity Research team of Raiffeisen Bank International AG covers 85 stocks from Austria, Central & Eastern Europe with sell-side research and thus levers our local broker status with excellent company relationships. For corporates in Austria, CEE and Western Europe, we offer co-sponsored research, which includes research coverage and marketing activities to investors. Additionally, through our Spotlight Research product we also shed light on leading European small and micro-caps, seeking greater visibility with investors.
The Institutional Equity Research team consists of roughly 15 analysts, both in Vienna and the CEE countries. Our analysts provide long-standing sector expertise in tandem with profound local market know how and a sectoral approach across the entire region.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.