MARKET OUTLOOK - USD/JPY May Test the 143-142 Range

Forex - The dollar/yen parity declined to 149.96, a drop of approximately 1.0%, following rising expectations of an interest rate hike by the Bank of Japan in Dec...

Service PPI Falls to Levels Not Seen Since 2021

The Turkish Statistical Institute (TÜİK) has announced the Producer Price Index for Services (H-ÜFE) data for October 2024. According to the report, H-ÜFE experie...

Turkey's Economic Growth Falls Short of Expectations in the Third Quarter

The Turkish economy recorded a year-on-year growth of 2.1% in the third quarter of 2024. According to the chain volume index data, the Gross Domestic Product (GDP...

Tax Dispute Between Biden and Trump, Lawsuit Against Google in Canada, ECB's Inflation Commentary: Latest Developments from Global Markets

In recent developments affecting the global economy, U.S. President Joe Biden criticized former President Donald Trump's decisions regarding tariffs on Canada and...

CBRT Releases "Financial Stability Report"

Forex - The Central Bank of the Republic of Turkey (CBRT) has published its "Financial Stability Report."

Retail Sales in Germany Plummet More Than Expected

In October, retail sales in Germany decreased by 1.5% compared to the previous month, falling more than expected. Economists had anticipated a decline of 0.3%. In...

DenizBank Sets a Record with $2.3 Billion Funding through Three Syndications in 2024

Forex - In a prestigious transaction coordinated by Bank of America, Emirates NBD Capital Limited, and Mashreqbank PSC, Emirates NBD Capital, First Abu Dhabi Bank...

Teknosa Launches ‘Inspiring Encounters’

Foreks - Teknosa (IS:TKNSA), which has been carrying out the 'Technology for Women' project in collaboration with the Habitat Association since 2007, believes tha...

Yilmaz: We Discussed Steps to Strengthen Our Cooperation with Oman Across a Wide Spectrum

In a meeting with Oman's Sultan Haitham bin Tariq, Vice President Cevdet Yılmaz emphasized that they discussed steps to strengthen cooperation across a wide range...

BYD Requests Price Reductions from Suppliers

According to a report based on undisclosed sources, Chinese electric vehicle manufacturer BYD has requested price reductions from dozens of its suppliers. The rep...

Şişecam Celebrates Its 89th Anniversary

Foreks - Şişecam (IS:SISE) is celebrating its 89th anniversary. Founded in 1935 in Paşabahçe, Istanbul, with 400 employees, Şişecam now represents Turkey's indust...

SAMEKS Data Indicates Continued Contraction in Economic Activity

The SAMEKS data for November showed that the contraction in economic activity observed in the last quarter of the year continued in November.

It was stated: "Th...

STOCK VALUATION - Vakıf Yatırım Raises Target Price for ASELSAN from 87.4 TL to 108 TL, Maintains "Buy" Recommendation

Forex -

Commercial Real Estate Prices Decline 6.5% in Real Terms in Q3

In the third quarter, commercial real estate prices recorded a nominal increase while showing a real decrease. According to the statement made by the Central Bank...

Turkey's Economy Grows Below Expectations in the Third Quarter

In the third quarter of 2024, the gross domestic product (GDP) increased by 2.1%. Expectations in the Foreks News survey indicated that the growth would be 2.4%. ...

Service Producer Price Index Increased by 0.24% Monthly and 55.34% Yearly in October

Forex - The H-PPI in October 2024 showed an increase of 0.24% compared to the previous month, an increase of 49.26% compared to December of the previous year, an ...

MARKET OVERVIEW - The Stock Exchange Kicks Off with Mild Gains

Forex - The BIST 100 index started the day with an increase of 10.65 points, reaching 9650.73. According to the Forex News survey, the BIST 100 index was expected...

BIST 100 Kicks Off the Day Flat: Which Stocks Took the Spotlight at Opening?

The BIST 100 index started the day with an increase of 0.11% at 9,650.73 points, then pulled back towards the 9,630 point band, remaining flat.

The BIST 100 inde...

ifo: Germany's Economy Grows in Only Half of Federal States

In the third quarter of 2024, the economy in Germany grew in only 8 out of 16 federal states compared to the previous quarter. According to calculations by the if...

TÜSİAD/Turan: The Transformation of Our Country's Global Supply Chain Depends on the Digital Integration of SMEs

Foreks - TÜSİAD's STEP (Industry-Technology Integration Program) event, part of its Digital Transformation Program (TÜSİAD SD²) aimed at supporting the transforma...

Çimsa Unveils Groundbreaking Products and Technologies at Intercem Americas

Çimsa participated in the Intercem Americas Fair, one of the world's meeting points for the construction materials sector, sharing its strong market position and ...