Categories Finance HIGHLIGHTS Markets Commentary: Economic slow-down is undermining the stock market Atilla YeşiladaPosted on12 August, 2024 The great volatility experienced in the first two days of the past week gave way … Continue ReadingCommentary: Economic slow-down is undermining the stock market
Categories Finance HIGHLIGHTS Markets Comment: Strong EM appetite, Mehmet Simsek turn TL assets from dog to star, but economic turn-around is not assured Atilla YeşiladaPosted on26 May, 2024 It wasn’t long ago, only in March, most EM funds shunned Turkey betting on president … Continue ReadingComment: Strong EM appetite, Mehmet Simsek turn TL assets from dog to star, but economic turn-around is not assured
Categories Atilla Yeşilada HIGHLIGHTS Markets Video: Turkish stocks are rallying for all the wrong reasons Atilla YeşiladaPosted on24 February, 2024 Turkey’s main stock index rallied 25% year to date in TL terms, leading all major … Continue ReadingVideo: Turkish stocks are rallying for all the wrong reasons
Categories Company & Industry HIGHLIGHTS Markets Equity Outlook for 2024: Expecting a challenging first half, followed by a stronger trend in the second half Atilla YeşiladaPosted on20 December, 2023 In 2023, after being positive between May and September, we had been cautious on Turkish … Continue ReadingEquity Outlook for 2024: Expecting a challenging first half, followed by a stronger trend in the second half
Categories Business Company & Industry Markets BoFA on Turkish banks: The Great Normalization – Buy private banks Atilla YeşiladaPosted on3 December, 2023 Risk-reward is appealing ‘Normalization’ is probably the best word to describe the ongoing dynamics in … Continue ReadingBoFA on Turkish banks: The Great Normalization – Buy private banks
Categories Company & Industry HIGHLIGHTS Markets Bullish recommendations from BoFA, Goldman propel Istanbul Stock Exchange to new highs Atilla YeşiladaPosted on27 November, 2023 Bank shares in Turkey’s private sector experienced a significant surge today, following an endorsement from … Continue ReadingBullish recommendations from BoFA, Goldman propel Istanbul Stock Exchange to new highs
Categories Business Company & Industry HIGHLIGHTS ANALYSIS: Turkey switches to inflation accounting, Borsa Istanbul suffers a heart attack Atilla YeşiladaPosted on25 October, 2023 Turkish companies’ end-2023 balance sheets will be inflation-adjusted, with adjustments expected to continue until 2026 … Continue ReadingANALYSIS: Turkey switches to inflation accounting, Borsa Istanbul suffers a heart attack
Categories Business Company & Industry Turkish stocks 3Q earnings review by HSBC Research Atilla YeşiladaPosted on25 October, 2023 Summary We present our Q3 2023 forecasts for Türkiye coverage We expect total non-bank profits … Continue ReadingTurkish stocks 3Q earnings review by HSBC Research
Categories Business Company & Industry HIGHLIGHTS EM Europe food retailers: Fighting inflation weighs on profitability Atilla YeşiladaPosted on8 September, 2023 HSBC equity research Prudent spending by consumers should continue short term on the back of … Continue ReadingEM Europe food retailers: Fighting inflation weighs on profitability
Categories HIGHLIGHTS Markets Is Yatirim Yapı Kredi bank share analysis: Margins have been under fire, solid non-interest income weathered the storm Atilla YeşiladaPosted on30 July, 2023 Actual vs Estimates YKB posted TL 11.5bn solo net earnings in 2Q23, in line with … Continue ReadingIs Yatirim Yapı Kredi bank share analysis: Margins have been under fire, solid non-interest income weathered the storm
Categories Business Company & Industry HIGHLIGHTS Markets HSBC International Turkish stock 2Q2023 earnings preview Atilla YeşiladaPosted on15 July, 2023 We present our Q2 2023 forecasts for Turkish companies under our coverage.. We expect … Continue ReadingHSBC International Turkish stock 2Q2023 earnings preview
Categories Company & Industry Finance HIGHLIGHTS Turkish Equities: Potential winners post election Cem CetingucPosted on8 May, 2023 Identifying winners: As Turkish elections approach, we try to answer the question we are most … Continue ReadingTurkish Equities: Potential winners post election
Categories Business HIGHLIGHTS Markets TEB Invest banking report: Still solid despite headwinds Atilla YeşiladaPosted on27 October, 2022 Investment thesis Despite a raft of banking sector regulations since our last strategy report, (see: … Continue ReadingTEB Invest banking report: Still solid despite headwinds
Categories HYPED Markets Jefferies on Turkish equities: Companies become experts in survival Atilla YeşiladaPosted on12 August, 2022 Turkish companies have not only shown adaptability but also a survivorship bias… … Read More >Jefferies on Turkish equities: Companies become experts in survival
Categories HIGHLIGHTS Markets Turkish Equities Strategy: State of Turkish markets amidst global recession pricing Atilla YeşiladaPosted on9 August, 2022 Risk appetite remains sour as the global recession debate intensifies In these early phases … Continue ReadingTurkish Equities Strategy: State of Turkish markets amidst global recession pricing
Categories Business HYPED Markets Goldman Sachs: Turkey Banks- Taking stock of the latest sector trends Atilla YeşiladaPosted on30 January, 2022 What is new? As of January 19, the aggregate banking sector balance sheet showed a … Continue ReadingGoldman Sachs: Turkey Banks- Taking stock of the latest sector trends
Categories Business HYPED Markets Garanti BBVA: 4Q21E Earnings Estimates Atilla YeşiladaPosted on24 January, 2022 The earnings season will begin on January 26 with the announcement of Arcelik’s financials. Among … Continue ReadingGaranti BBVA: 4Q21E Earnings Estimates
Categories Business HIGHLIGHTS Markets 2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy Atilla YeşiladaPosted on24 January, 2022 The World economy is shifting to policy normalization after the ultra-loose policy setting of the … Continue Reading2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy
Categories Economy Turkish Equities Quarterly Strategy Report: Adjusting to the Post Pandemic Environment Cem CetingucPosted on20 October, 2021 The World: The ongoing energy crunch causing various knock-on effects is triggering fears of stagflation. … Continue ReadingTurkish Equities Quarterly Strategy Report: Adjusting to the Post Pandemic Environment
Categories HYPED Markets MS Turkey equity strategy: Finding opportunities after the correction Atilla YeşiladaPosted on28 March, 2021 MSCI Turkey is down 20% in USD since last Friday, with TRY depreciation explaining 8 … Continue ReadingMS Turkey equity strategy: Finding opportunities after the correction
