Categories Company & Industry Finance Y. F. Top Picks Update: Removing KRDMD Cem CetingucPosted on16 September, 2021 Removing KRDMD. We remove KRDMD from our top-picks as the stock came under selling pressure due … Continue ReadingY. F. Top Picks Update: Removing KRDMD
Categories General Markets Turkey housing sales down 17% annually Cem CetingucPosted on15 September, 2021 Turkey recorded 141,400 housing sales in August, down 17% year-on-year, the country’s statistical authority announced on … Continue ReadingTurkey housing sales down 17% annually
Categories General Politics What a new refugee crisis would mean for Turkey Cem CetingucPosted on14 September, 202114 September, 2021 The fall of Afghanistan to the Taliban has raised tensions between the EU and Turkey … Continue ReadingWhat a new refugee crisis would mean for Turkey
Categories Emerging Markets Finance Emerging markets: Turkish Lira remains unloved Cem CetingucPosted on14 September, 2021 A slide in Hong Kong-based technology and internet heavyweights following Beijing’s latest regulatory crackdown pushed … Continue ReadingEmerging markets: Turkish Lira remains unloved
Categories Economy Markets World Bank statistics reveal Iran’s GDP halved since 2017 Cem CetingucPosted on14 September, 202114 September, 2021 The latest World Bank’s updated statistics(link is external) indicates that Iran’s Gross Domestic Product (GDP), based on … Continue ReadingWorld Bank statistics reveal Iran’s GDP halved since 2017
Categories Economy General +61K Turkish shop owners went bankrupt in 2021 Cem CetingucPosted on13 September, 2021 Main opposition Republican People’s Party (CHP) Vice Chair and Malatya MP Veli Ağbaba has criticized … Continue Reading+61K Turkish shop owners went bankrupt in 2021
Categories General Aramex interested in the acquisition of MNG Kargo Cem CetingucPosted on13 September, 2021 Dubai-listed courier Aramex, partly owned by Abu Dhabi state investor ADQ, is in advanced talks … Continue ReadingAramex interested in the acquisition of MNG Kargo
Categories General Markets Contractors suspend constructions to protest skyrocketing cement prices Cem CetingucPosted on13 September, 202113 September, 2021 Representatives of the Building Contractors Confederation (İmkon) had announced on Sept. 2 that they would … Continue ReadingContractors suspend constructions to protest skyrocketing cement prices
Categories Company & Industry Finance Turkish automobiles: Seeing the half glass full Cem CetingucPosted on13 September, 2021 Better to have a supply problem than a demand problem: As is the case for … Continue ReadingTurkish automobiles: Seeing the half glass full
Categories Business Company & Industry Finance Turkish consumer: Coping with ever increasing inflation Cem CetingucPosted on13 September, 2021 Headline inflation topped 19% YoY in August, while PPI still hovers around 45%. Turkish consumer … Continue ReadingTurkish consumer: Coping with ever increasing inflation
Categories Business Company & Industry Company Update | MPARK: Hitting all the right notes Cem CetingucPosted on10 September, 202110 September, 2021 Strong 1H results and favorable outlook… After finishing a year of volatility with resilient financial … Continue ReadingCompany Update | MPARK: Hitting all the right notes
Categories Business Company & Industry Finance Turkish Industrials: Earnings Momentum set to continue in 2H; top picks KOC and Sabanci Cem CetingucPosted on10 September, 2021 Following another strong quarter supported by both healty domestic demand and exports,we increase our F2Y1E-22E … Continue ReadingTurkish Industrials: Earnings Momentum set to continue in 2H; top picks KOC and Sabanci
Categories General Minister Soylu assures to victims of flood: Damages will be completely gone within a year Cem CetingucPosted on9 September, 20219 September, 2021 Interior Minister Süleyman Soylu stated that the total damage of the flood affecting Bartın, Kastamonu, … Continue ReadingMinister Soylu assures to victims of flood: Damages will be completely gone within a year
Categories Company & Industry Finance TURSG – Buy: Diamond in the rough Cem CetingucPosted on8 September, 2021 Türkiye Sigorta is the market leader in Turkey’s non-life insurance sector, with a 13.7% market … Continue ReadingTURSG – Buy: Diamond in the rough
Categories Company & Industry Economy Turkish Banks: Sector Monthly Data Cem CetingucPosted on7 September, 2021 Lower monthly ROE of 12% due to higher trading loss Turkish banking sector’s July net … Continue ReadingTurkish Banks: Sector Monthly Data
Categories General Turkey’s Health Minister Koca asks the public: What happened to us? Cem CetingucPosted on7 September, 2021 Health Minister Fahrettin Koca has raised concerns about the increase in the number of COVID-19 … Continue ReadingTurkey’s Health Minister Koca asks the public: What happened to us?
Categories Company & Industry Economy Deutsche Bank/TRY: carried away Cem CetingucPosted on7 September, 2021 Deutsche Bank closed its long position recommendation for dollar/TL, which it opened in May, after … Continue ReadingDeutsche Bank/TRY: carried away
Categories Economy HIGHLIGHTS Turkey: Headline CPI surprises to the upside; core remains more benign Cem CetingucPosted on7 September, 2021 For the second time in a row, headline surprised to the upside and core surprised … Continue ReadingTurkey: Headline CPI surprises to the upside; core remains more benign
Categories General Turkey’s economy bounces back with record 21.7% growth in Q2 Cem CetingucPosted on1 September, 2021 Turkey’s economy rebounded powerfully in the second quarter to grow at a record pace after … Continue ReadingTurkey’s economy bounces back with record 21.7% growth in Q2
Categories Economy General Macro Snapshot: Foreign Trade Statistics, July 2021 Cem CetingucPosted on1 September, 2021 Foreign trade gave a deficit of USD4.3bn in July. According to TurkStat’s unadjusted data of … Continue ReadingMacro Snapshot: Foreign Trade Statistics, July 2021
