Categories Business Economy Retail sales volume increased by 19.2 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 Retail sales volume with constant prices (2015=100) increased by 19.2% in March 2021 compared with … Continue ReadingRetail sales volume increased by 19.2 percent annually
Categories Business Company & Industry Top Banking Pick of 2021: Garanti Bank Cem CetingucPosted on10 May, 2021 Short-term recovery from recent lows likely Garanti share price is down 30% since our downgrade … Continue ReadingTop Banking Pick of 2021: Garanti Bank
Categories Business Company & Industry Company Outlook: Adding GARAN & SISE, Removing MGROS Cem CetingucPosted on10 May, 2021 Adding GARAN. We expect Garanti to maintain its leading position in ROE progression this year with … Continue ReadingCompany Outlook: Adding GARAN & SISE, Removing MGROS
Categories Business Turkey’s exports to Saudi Arabia plummet in April Cem CetingucPosted on6 May, 20216 May, 2021 Turkey’s exports to Saudi Arabia all but dried up in April, according to official data, … Continue ReadingTurkey’s exports to Saudi Arabia plummet in April
Categories General Macro Snapshot: CBRT’s Expectations Survey Cem CetingucPosted on6 May, 2021 Policy rate would be kept stable in May but could be decreased by 75bps in … Continue ReadingMacro Snapshot: CBRT’s Expectations Survey
Categories Business Company & Industry Economy EBRD & Turkey agreed to boost innovation in competitive sectors Cem CetingucPosted on6 May, 2021 The European Bank for Reconstruction and Development (EBRD) and Turkey have agreed to boost innovation … Continue ReadingEBRD & Turkey agreed to boost innovation in competitive sectors
Categories General Politics Biden imposes new strategy on Turkey after recognizing Armenian genocide Cem CetingucPosted on6 May, 20216 May, 2021 Joe Biden fulfilled a campaign promise on 24 April, one that several of his predecessors … Continue ReadingBiden imposes new strategy on Turkey after recognizing Armenian genocide
Categories General Politics Bahçeli announced completion of 100-article constitution Cem CetingucPosted on6 May, 2021 Serkan DEMİRTAŞ Amid ongoing COVID-19 lockdown, Nationalist Movement Party (MHP) Chairman Devlet Bahçeli has announced that his … Continue ReadingBahçeli announced completion of 100-article constitution
Categories General Politics Tech Turkish Air Force is becoming outdated, Turkish study suggests Cem CetingucPosted on5 May, 20215 May, 2021 Michael Peck Turkey’s air force is becoming obsolete, according to a new Turkish study. “Turkey … Continue ReadingTurkish Air Force is becoming outdated, Turkish study suggests
Categories Economy General Markets China offical PMI’s weaken in April Cem CetingucPosted on30 April, 2021 A gauge of China’s manufacturing industry slipped in April and the services sector also weakened, … Continue ReadingChina offical PMI’s weaken in April
Categories General India’s latest wave of Covid-19 hits the emerging markets Cem CetingucPosted on30 April, 2021 “India’s problem is the world’s problem”, says Yasmeen Serhan in The Atlantic. Just weeks ago, … Continue ReadingIndia’s latest wave of Covid-19 hits the emerging markets
Categories Business General Turkey accelerates new regulations for cryptocurrency market after coin scandals Cem CetingucPosted on28 April, 202128 April, 2021 After two cryptocurrency exchanges collapsed in the space of a few days last week, Turkey … Continue ReadingTurkey accelerates new regulations for cryptocurrency market after coin scandals
Categories HIGHLIGHTS Politics U.S. Central Command: Biden-Erdogan meeting is a good sign Cem CetingucPosted on28 April, 202128 April, 2021 A planned meeting in June between the American and Turkish presidents is a “good sign” … Continue ReadingU.S. Central Command: Biden-Erdogan meeting is a good sign
Categories Politics Erdogan calls on Biden to reverse his declaration of Armenian genocide Cem CetingucPosted on27 April, 202127 April, 2021 (Reuters) -Turkish President Tayyip Erdogan urged U.S. President Joe Biden to swiftly reverse his declaration … Continue ReadingErdogan calls on Biden to reverse his declaration of Armenian genocide
Categories Business HIGHLIGHTS Greenpeace: Turkey was the biggest importer of plastic waste from Europe Cem CetingucPosted on27 April, 202127 April, 2021 Greenpeace has announced that Turkey was the biggest importer of plastic waste from European countries … Continue ReadingGreenpeace: Turkey was the biggest importer of plastic waste from Europe
Categories General Turkish companies outlook: Strong demand and cost cutting reflects on YoY profits Cem CetingucPosted on23 April, 2021 Turkey coverage aggregate Q1 non-bank profit to grow 4x y-o-y, fall 2% q-o-q We present … Continue ReadingTurkish companies outlook: Strong demand and cost cutting reflects on YoY profits
Categories Company & Industry Economy Banking Sector: 1Q21 Earnings Preview Cem CetingucPosted on23 April, 2021 Macro volatility to take a toll on earnings We expect ROE’s to range between 0-12% … Continue ReadingBanking Sector: 1Q21 Earnings Preview
Categories General Company Update | EREGL: TP revised up to TL22.0/share Cem CetingucPosted on22 April, 2021 Strong rally justified by rising margins. EREGL staged a strong rally over the last 6M on … Continue ReadingCompany Update | EREGL: TP revised up to TL22.0/share
Categories Business Company & Industry Trendyol received 330 million dollars capital injection from partner Alibaba Cem CetingucPosted on22 April, 202122 April, 2021 Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a … Continue ReadingTrendyol received 330 million dollars capital injection from partner Alibaba
Categories General Politics TTB: No vaccines, no appointments, but perception management in Turkey Cem CetingucPosted on22 April, 202122 April, 2021 The Turkish Medical Association (TTB) Central Council released a written statement yesterday (April 20) and said that … Continue ReadingTTB: No vaccines, no appointments, but perception management in Turkey
