Turkey Wake-up call: Macro, Political and Equity News, 28th April
BIST added 1.31% yesterday in its third consecutive day of gains. BIST100 index opened on an uptick that marked its lowest point for the day and quickly climbed to the 1,390 mark, around which it spent most of the day. Banks lost 0.60% on average and were again the drag on the broader market. CCOLA, VESTL, TAVHL, ASELS, ARCLK, ISMEN, and MAVI topped the gainers while TTRAK, DOAS, TKNSA, ODAS, and BRSAN were among the fewer decliners. Coming to this morning, our local macro and political agenda are mostly quiet. BIST seems off to a slight positive start given similar moves in most peer markets ahead of tonight's FED decision. Lira is a tad weaker with USDTRY pair around 8.2350 mark vs 8.2127 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.