Turkey Wake-up call: Macro, Political and Equity News, 17th January
BIST extended its winning streak to the 10th consecutive day with its 0.11% increase on Friday thanks to its late afternoon rebound. Banks climbed 0.40% on average with HALKB and YKBNK leading the peer group. DOAS, CCOLA, GUBRF, TTRAK, INDES, and REITs led the non-bank gainers while THYAO, TCELL, TOASO, TUPRS, SOKM, ALARK, OTKAR, and TAVHL were some of the weak spots. Coming to this morning, our local macro agenda involves December'21 central government budget numbers due at 11AM local time. We foresee an uptick start for the BIST given supportive newsflow related to banks while global equity markets present a mixed picture. Lira is almost unchanged with USDTRY around the 13.58 mark vs 13.5580 at Friday's BIST closing bell.
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.