Turkey Wake-up call: Macro, Political and Equity News, 9th December
BIST added another 1.19% yesterday to close at a new all-time-high, this time driven by the strength in banks that gained 2.04% on average. ISCTR and AKBNK outperformed peers while GARAN fell behind. Aviation stocks, HEKTS, ASELS, EKGYO, AGHOL, TKFEN, BRISA, and ALKIM led the non-bank gainers vs some fewer decliners like BIMAS, ISDMR, KARSN, ODAS, DOAS, AKSEN, and MGROS among the BIST100 constituents. Coming to this morning, our local macro agenda is muted. We foresee another uptick open for the BIST on the back of its recent momentum and some stability in the lira (USDTRY below the 13.68 mark in early going vs 13.7112 at yesterday's closing bell). S&P futures are down a few points while Asian bourses present a mixed picture this morning.
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.