Morning Bul (Gedik Yatırım)

Push & Pull
 
Today we expect a sideways opening and market to settle around 10,050 levels in early trades. Selling pressure from HFT flows was effective yesterday so eyes will again be on their direction. We will also see stock specific moves. 9,900 - 10,200 are support and resistance levels.
 
 
 
Stock in Trade
 
• Vice President Cevdet Yılmaz and Minister of Treasury and Finance Mehmet Şimşek unveiled the details of the austerity package
• The pace of the deceleration in the C/A deficit slows down in March
• In 2023, BIM (Market Perform, TP 306/share) reported an EBITDA TL13,751mn (+0.9%) and a net income of 15,441mn (-7%) based on inflation adjusted numbers (Neutra))
• Dividend payments for today: ENKAI (Gross TL1.2500 DPS)
• Share buyback / Insider buys: MPARK (18k- 0.01%), DOHOL (150k- 0.15%)

 
Economic Calendar
 
• May14: AKSA’s 1Q24 Financial Results
• May14: MSCI Semi-Annual Index Reviews
• May15: Central Gov't Budget Balance, Apr (Prior: -209.0b)
• May17: House Price Index, Mar (Prior: YoY 58,31%, MoM 2,18%)
• May17: Home Sales, Apr (Prior: 105.4k - YoY -0,10%)
• May17: Expected Inflation Next 12 Mth, May (Prior: 35,17%)
• May20: Deadline for 2023/4Q consolidated financial statements
• May20: Deadline for 2024/1Q consolidated banks financial statements
• May 20: TTRAK’s 1Q24 Financial Results
• May21: FROTO’s & TOASO’s 1Q24 Financial Results
• May22: AYGAZ’S, THYAO’s & TUPRS’s1Q24 Financial Results
• May23: KCHOL’s & MGROS’s & TKFEN’s 1Q24 Financial Results
• May24: AGHOL’s 1Q24 Financial Results
• May27: Capacity Utilization, May (Prior: 76,70%)
• May27: CCOLA, MGROS’s dividend payment
• May28: ENJSA’s 1Q24 Financial Results
• May28: AEFES’s dividend payment
• May28: BRISA’s 1Q24 Financial Results
• May29: AGHOL’s dividend payment
• May31: GDP, 1Q (Prior: YoY 4,00%, QoQ 1,00%)
• May31: SISE’s dividend payment
• Jun06: AKSEN’s dividend payment
• Jun07: AKENR’s 1Q24 Financial Results
• Jun11: Deadline for 2024/1Q unconsolidated industrials financial statements
• Jun21: BIMAS’s 1Q24 Financial Results
• Jun21: Deadline for 2024/1Q consolidated industrials financial statements
• Jun28: LOGO’s dividend payment
• Jul19: Moody's credit rating
• Jul22: LKMNH’s dividend payment
• Aug12: MSCI Quarterly Index Reviews
• Sep06: Fitch's credit rating
• Nov01: S&P's credit rating
• Nov07: MSCI Semi-Annual Index Reviews


 
   Gedik Yatırım Menkul Değerler A.Ş.
   www.gedik.com

                                     ***
                               Yasal Uyarı
 
 Burada yer alan yatırım bilgi, yorum ve tavsiyeler yatırım danışmanlığı kapsamında değildir.Yatırım danışmanlığı hizmeti ; aracı kurumlar, portföy yönetim şirketleri, mevduat kabul etmeyen bankalar ile müşteri arasında imzalanacak yatırım danışmanlığı sözleşmesi çerçevesinde sunulmaktadır.Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanların kişisel görüşlerine dayanmaktadır.Bu görüşler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabılır.Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi beklentilerinize uygun sonuçlar doğurmayabilir.