Morning Note /
Turkey

Turkish market could try to test last week’s strong resistance

  • The index bounced from a critical level yesterday led by the long depressed Kardemir and the banks

  • We expect the move for companies with strong 3Q expectations to continue

  • Garanti, Tupras, Erdemir, aviation names will all come with better q/q improvement in results

Batuhan Ozsahin
ATA Invest
8 October 2021
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