Categories Emerging Markets General Markets Vaccines will not cure EM growth problems Cem ÇetingüçPosted on28 November, 2020Emerging markets have surged on the prospect that coronavirus vaccines will become widely available soon, … Continue ReadingVaccines will not cure EM growth problems
Categories Business Company & Industry Turkey’s renewables explosion Cem ÇetingüçPosted on27 November, 2020Two thirds of the commissioned power plant capacity in Turkey in the first three quarters … Continue ReadingTurkey’s renewables explosion
Categories Business Company & Industry JP Morgan/ Turkey: How to position for an equity rally? Cem ÇetingüçPosted on25 November, 2020Here we assess the value opportunities in Turkish equities in the aftermath of an improved … Continue ReadingJP Morgan/ Turkey: How to position for an equity rally?
Categories General Women submit 600,000 signatures to parliament for İstanbul Convention Cem ÇetingüçPosted on25 November, 2020A women’s right group submitted a petition containing 600,000 signatures to the parliament, demanding the … Continue ReadingWomen submit 600,000 signatures to parliament for İstanbul Convention
Categories Company & Industry Finance Y.F. Top Picks Update: Adding TKFEN Cem ÇetingüçPosted on25 November, 2020Adding TKFEN. We are adding TKFEN on the back of attractive valuation and prospects for earnings … Continue ReadingY.F. Top Picks Update: Adding TKFEN
Categories Company & Industry Finance Y.F. Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices, November 2020 Cem ÇetingüçPosted on25 November, 2020Recovery trend continues despite the momentum losses, but still below of the pre-pandemic levels. Intermediate … Continue ReadingY.F. Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices, November 2020
Categories Company & Industry Finance HSBC Global Research: Tupras (TUPRS TI) Cem ÇetingüçPosted on23 November, 2020Really bad year…. Nearly every macro parameter that could have turned negative did so this … Continue ReadingHSBC Global Research: Tupras (TUPRS TI)
Categories Business Company & Industry Economy Y.F. Equity Strategy Report: Try Grounded Optimism Cem ÇetingüçPosted on21 November, 2020TL assets recover strongly in November. Recent change in economy management and rhetoric towards a shift … Continue ReadingY.F. Equity Strategy Report: Try Grounded Optimism
Categories Business Company & Industry Y.F. Company Initiation: EKGYO – Well positioned to capture demand Cem ÇetingüçPosted on17 November, 2020Favorable demographics vs. low supply support residential development Turkey’s relatively high population growth and declining … Continue ReadingY.F. Company Initiation: EKGYO – Well positioned to capture demand
Categories Company & Industry Company Update: KRDMD – Outperform maintained with revised TP of TL6.30/share Cem ÇetingüçPosted on16 November, 202016 November, 2020Steelmaking margins of Kardemir to improve sharply from 4Q onwards… With the tailwind of global uptrend … Continue ReadingCompany Update: KRDMD – Outperform maintained with revised TP of TL6.30/share
Categories Politics Iran: No reason to grant Turkey discounts on gas Cem ÇetingüçPosted on15 November, 2020TEHRAN – Head of the National Iranian Gas Company (NIGC) Hassan Montazer Torbati said on … Continue ReadingIran: No reason to grant Turkey discounts on gas
Categories Business General Tech Turkey fines Google US$26 million for abusing market position Cem ÇetingüçPosted on15 November, 2020The Turkish Competition Board has fined Google 196.7 million lira (US$26 million) as the result … Continue ReadingTurkey fines Google US$26 million for abusing market position
Categories Company & Industry Y.F. Company Update: Alarko Holding Cem ÇetingüçPosted on14 November, 2020Deleveraging at Alcen makes Alarko an attractive investment Throughout the past 3-month period Alarko Holding … Continue ReadingY.F. Company Update: Alarko Holding
Categories Economy Finance Y.F. Macro Focus: IP, September 2020: Economic Growth Quite Strong in Q3 Cem ÇetingüçPosted on14 November, 2020Y.F. Macro Focus: IP, September 2020: Economic Growth Quite Strong in Q3 In September, IP … Continue ReadingY.F. Macro Focus: IP, September 2020: Economic Growth Quite Strong in Q3
Categories Economy Politics Turkey Courier Weekly News// Now Hiring: Central Bank Governor and Economic Minister Cem ÇetingüçPosted on13 November, 2020
Categories Company & Industry Y.F. Top Picks Update: Adding TTKOM, Removing KOZAL & OTKAR Cem ÇetingüçPosted on12 November, 2020Adding TTKOM. The company benefits from the pandemic related high demand for broadband internet, and benign … Continue ReadingY.F. Top Picks Update: Adding TTKOM, Removing KOZAL & OTKAR
Categories General Macro Snapshot: Labour Force Statistics, August 2020 Cem ÇetingüçPosted on12 November, 2020Turkey’s unadjusted unemployment rate was 13.2% in August (Jul.20: 13.4%, Aug.19: 14%). Seasonally Adjusted unemployment … Continue ReadingMacro Snapshot: Labour Force Statistics, August 2020
Categories Economy DB: Turkey New Finance Minister off to a promising start Cem ÇetingüçPosted on11 November, 2020After the unexpected resignation of Berat Albayrak on Sunday, Turkey President Erdogan today appointed Lütfi … Continue ReadingDB: Turkey New Finance Minister off to a promising start
Categories Finance S&P-Impact of Turkey’s leadership changes on monetary policy unclear Cem ÇetingüçPosted on10 November, 2020LONDON (Reuters) – The ramifications of Turkey’s replacement of its central bank governor and the … Continue ReadingS&P-Impact of Turkey’s leadership changes on monetary policy unclear
Categories Company & Industry IS Investment – Company Report: Alarko Holding Cem ÇetingüçPosted on10 November, 2020Company Report Strong operational profitability shadowed by Fx losses: Alarko Holding announced TL149mn of net profit … Continue ReadingIS Investment – Company Report: Alarko Holding
