Turkey Wake-up call: Macro, Political and Equity News, 20th October, Global Securities
BIST added 0.86% yesterday in a move spearheaded by the 2.52% average gain in banks that had underperformed the broader market for the previous four days. Grocery chains, FROTO, AGHOL, ALARK, AYGAZ, and TURSG topped the non-bank gainers while THYAO, TAVHL, MPARK, ALKIM, and TRGYO were among the few decliners in the BIST100 universe. Coming to this morning, our local macro agenda is mostly quiet. We anticipate a flattish open for the BIST amid mixed signals from global bourses while the lira is a tad stronger (USDTRY at around 9.3040 in early trades vs 9.3169 at yesterday's 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.