Turkey: Earnings season will be completed this week

  • Yesterday PGSUS and TUPRS 2Q results were out and both were better than expectations

  • Due to sharp weakness in oil prices, TUPRS faced selling pressure yesterday which is likely to reverse today

  • Bist 100 is likely to open green towards 2.875 resistance and 2.890-2.900 are the next resistance levels

August 16th, 2022
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