Turkey’s brokerages faced sharp trading falls in a tough climate last year of which 30% reported losses during the first half. That said, we had seen some downsizing-related layoffs as well as some international investment banks simply quitting the business. While this was partly due…
On Sep 15 an article appeared on Bloomberg that drew a gloomy picture for the brokerage services industry in Turkey. Some important highlights from the article are as follow: About one third of brokerages posted losses in the first quarter. Austria-based Erste and Kuwait-based Burgan…
It is not a secret that dividend-paying stocks often come out ahead during a market sell-off. Because many investors are attracted to the safety appeal of them. As Turkish stock market is hanging around record high levels with foreign capital outflows on the horizon due…
As I noted earlier, Turkish stock market is mostly driven by a bunch of large-cap bank stocks with high levels of trading activity. Under these circumstances, developments in the industry becomes crucially important for any investor holding Turkish assets. Hereby, my aim is to mention…
It recently has been with full of ups and downs in almost all financial markets. Dips and spikes certainly should have thrown many investors for a loop. As expected it has been the same in Turkish markets. After hitting the top over 80,000 at the…
In every emerging market, the capital flows from developed countries have the ability to determine the direction which asset prices move into. Particularly, in Turkish stock market where the foreign investors hold roughly 65% of total assets have strong influence on returns. To this extent, the…
Despite the recent decline in the stock market, key fundamentals still build a supportive case for Turkish banks. Fiscal year growth is likely to exceed expectations, margins are to recover through in last quarter of this year and in 2014, as well as, despite the…
Tracking the foreign investors’ behaviors is the perfect guidance when it comes to investing in Turkish assets. This is also explaining the asset prices hit the top where non residents’ holding of assets makes a boom, in contrary, the market dips where non-residents turn out…
Once upon a time, there was a world of infinite liquidity. An old man with beard always lend his hands helping hands in order to keep the bewitching music going on and warms the cockles of all hearts. What a tale to make connection with…