Morning Note /
Turkey

Turkey: Market bounces back from the critical 1340 level

  • Lira and 5 -year CDS were both flat as there was no reason for any change of short-term risk perception in our view

  • Our top pick TAV reported slightly higher loss with higher FX loss and higher tax expenses

  • Tofas and Akbank will report after market's close today

Batuhan Ozsahin
ATA Invest
28 July 2021
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