Morning Note /
Turkey

Turkey: Profit taking in global markets could also lead minor correction in BIST

  • Turkish equities rebounded led by Eregli, as both Arcelor's upgrade of the global steel outlook

  • CBRT revised up its 2021 CPI estimate from 12.4% to 14.1%

  • Garanti posted strong results and beat consensus estimate by 11%( also had a 35% beat in 1Q)

Batuhan Ozsahin
ATA Invest
30 July 2021
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