Categories Finance HYPED Markets Morgan Stanley: Increased pressure on Turkish Lira in the run-up to the elections Atilla YeşiladaPosted on6 April, 2023 Wider trade deficits A policy preference to keep the nominal exchange rate stable amid deeply … Continue ReadingMorgan Stanley: Increased pressure on Turkish Lira in the run-up to the elections
Categories Finance HIGHLIGHTS HSBC-Turkish Lira: Rich and vulnerable Atilla YeşiladaPosted on6 April, 2023 The TRY is likely to weaken regardless of the election result Deteriorated fundamentals and … Continue ReadingHSBC-Turkish Lira: Rich and vulnerable
Categories Business Company & Industry Finance HIGHLIGHTS EnerjiSA / Upgrade to Buy: Underperformance seems exaggerated Cem CetingucPosted on5 April, 2023 Earthquake damage contained to a likely temporary FCF impact. Citizens in the 10 earthquake hit … Continue ReadingEnerjiSA / Upgrade to Buy: Underperformance seems exaggerated
Categories Finance General HIGHLIGHTS Turkish state enterprises’ debt reaches 619B TL Cem CetingucPosted on5 April, 2023 The total debt of Turkish state economic enterprises (KİT), which was 49 billion liras in … Continue ReadingTurkish state enterprises’ debt reaches 619B TL
Categories Finance HIGHLIGHTS Turkish lira may continue to weaken after general elections in May, experts say Atilla YeşiladaPosted on2 April, 2023 Turkey’s widening external deficits, the steady bleed of Central Bank reserves and daily regulatory interventions … Continue ReadingTurkish lira may continue to weaken after general elections in May, experts say
Categories Business Finance HYPED Prof Hayri Kozanoglu: Who should pay the cost of quake reconstruction? Atilla YeşiladaPosted on1 April, 2023 Prof Hayri Kozanoglu, renown economist and one of the leading left-wing intellectuals of the older … Continue ReadingProf Hayri Kozanoglu: Who should pay the cost of quake reconstruction?
Categories Economy Finance HIGHLIGHTS Turkish central bank’s efforts to guard lira: Costlier Dollar for Some Firms Güldem AtabayPosted on20 March, 2023 According to Bloomberg, Turkey’s central bank asked commercial lenders last week to use a dual … Continue ReadingTurkish central bank’s efforts to guard lira: Costlier Dollar for Some Firms
Categories Economy Finance HIGHLIGHTS Turkey Government Pushing Lenders to Cut Rates on Consumer Loans Güldem AtabayPosted on11 March, 2023 Turkey’s central bank is forcing commercial lenders to lower the interest rates they charge for … Continue ReadingTurkey Government Pushing Lenders to Cut Rates on Consumer Loans
Categories Finance HIGHLIGHTS Markets Reuters/Nevzat Devranoglu: Central Bank burning reserves to keep lira stable -bankers Atilla YeşiladaPosted on22 February, 2023 Turkey’s central bank used $7 billion of reserves in the last two weeks to help … Continue ReadingReuters/Nevzat Devranoglu: Central Bank burning reserves to keep lira stable -bankers
Categories Economy Finance General HIGHLIGHTS Turkey’s State-Backed Markets Have Few Charms for Foreigners Güldem AtabayPosted on21 February, 2023 Before last week, the stock market was one of Turkey’s last economic pillars that was … Continue ReadingTurkey’s State-Backed Markets Have Few Charms for Foreigners
Categories Economy Finance HIGHLIGHTS Politics Turkey earthquake: World Bank estimated making homes safe would cost $465bn Güldem AtabayPosted on19 February, 2023 The World Bank estimated in 2021 that retrofitting or rebuilding millions of residential buildings in Turkey to … Continue ReadingTurkey earthquake: World Bank estimated making homes safe would cost $465bn
Categories Business Finance HIGHLIGHTS Turkish Government’s Swift Response Boosts Stock Market Following Devastating Earthquake Cem CetingucPosted on17 February, 2023 Turkey’s stock market soared Wednesday on the first day of trading after a suspension triggered by a devastating … Continue ReadingTurkish Government’s Swift Response Boosts Stock Market Following Devastating Earthquake
Categories Economy Finance HIGHLIGHTS Central bank imposes more restrictions on currency transactions Güldem AtabayPosted on16 February, 202316 February, 2023 As reported by Bloomberg the Turkish central bank has asked local banks to make forward … Continue ReadingCentral bank imposes more restrictions on currency transactions
Categories Finance Markets Turkey Weighs Extending Stock-Market Closure as Quake Toll Rises Güldem AtabayPosted on13 February, 202313 February, 2023 Turkish officials are considering extending a closure of the Istanbul stock market past Wednesday, after … Continue ReadingTurkey Weighs Extending Stock-Market Closure as Quake Toll Rises
Categories Finance HIGHLIGHTS Turkey Halts Stock Trading for Five Days and Cancels Some Trades Güldem AtabayPosted on8 February, 2023 Turkey’s stock exchange suspended trading for five days and canceled all trades executed on Wednesday, … Continue ReadingTurkey Halts Stock Trading for Five Days and Cancels Some Trades
Categories Company & Industry Finance HIGHLIGHTS Sabanci Holding | Buy: Focus on energy continues Cem CetingucPosted on2 February, 20232 February, 2023 Energy takes the lead in NAV contribution. We have revisited our fair value for the … Continue ReadingSabanci Holding | Buy: Focus on energy continues
Categories Company & Industry Finance HIGHLIGHTS Koc Holding | BUY: Strong dividend income to support net cash Cem CetingucPosted on2 February, 20232 February, 2023 Surge in dividend income likely. We project Koc’s dividend income to more than triple y-o-y … Continue ReadingKoc Holding | BUY: Strong dividend income to support net cash
Categories Business Company & Industry Finance HIGHLIGHTS Teknosa |BUY: Be boring make money Cem CetingucPosted on1 February, 2023 Technology Superstores are Increasing Their Market Share Despite the aggressive top line growth strategies of … Continue ReadingTeknosa |BUY: Be boring make money
Categories Finance HIGHLIGHTS Politics Erdogan’s Foreign Pals Are Bankrolling His Election Campaign, Will He Win? Atilla YeşiladaPosted on27 January, 2023 Real Turkey Channel presenter Atilla Yesilada explains the monetary and in-kind donations made by … Continue ReadingErdogan’s Foreign Pals Are Bankrolling His Election Campaign, Will He Win?
Categories Economy Finance HIGHLIGHTS Central bank abandons imposing an upper limit on currency-protected deposit accounts- a de facto interest rate hike Güldem AtabayPosted on26 January, 2023 In a letter sent to banks, the Central Bank announced that it has abandoned imposing … Continue ReadingCentral bank abandons imposing an upper limit on currency-protected deposit accounts- a de facto interest rate hike
