Morning Note /

Turkish equities pushed higher by aviation and steelmaker stocks

  • Turkish airline is up by 44%, TAV by 19%, Pegasus by 25%, while Kardemir D is up by 45%, and Erdemir by 12% ytd.

  • The divergence of non-financials(10% ytd) vs finacials(%7) continue

  • kbank will report on Feb 1st and 4Q results could be the first short-term catalysts for banks

Batuhan Ozsahin
ATA Invest
14 January 2022
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