Turkey Wake-up call: Macro, Political and Equity News, 8th April
BIST ended 0.19% lower yesterday as a bank-led rebound erased the bulk of earlier losses. After an indecisive start, BIST100 took a sharp drop after 10:15AM and dipped at 1,402 level around mid-day. There was a decent rebound after 3PM that took the index almost back to no-change line at the close. Banks gained 0.86% on average with ISCTR and HALKB leading the pack. EREGL, EKGYO, INDES, TKFEN, SOKM, and OTKAR topped the non-bank gainers while TCELL, VESTL, DEVA, MAVI, ISMEN, BRISA, and Koza Group names were among the weak spots. Coming to this morning, our local macro agenda is mostly muted and BIST seems headed for an uptick open given the positive sentiment in global markets. U.S. futures are up over 0.5% in early trades while Asian indices outside of Japan are almost 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.