TFG Istanbul Morning Report (TFG Istanbul Menkul Değerler )

• On the back of positive momentum triggered by the lower than expected PPI data in the US MSCI Asia is up by 0.9%, following increases from EU indices yesterday. US and EU futures are also slightly down this morning. We expect a flattish opening for BIST.
• Swedish Minister of Defense stated that they will devote themselves to preventing the terrorist organization PKK's activities in Sweden.
• Putin said that if their demands are not met, Russia may withdraw from the Black Sea grain agreement.
• The proposal, which includes the purchase of double MTV for all vehicles for 2023 for once was accepted at the General Assembly.
• The IMF reported that the global economy growth was slightly behind its growth forecasts in the first quarter, but the data showed a mixed picture with signs of slowing momentum as well as areas of resistance.
• St. Louis Fed Chairman Bullard who is known as a supporter of hawkish monetary policies resigned.
• Fed/Daly stated that it's too early to declare victory on inflation. Fed/Waller stated that The Fed meeting in September will be an important meeting for monetary policy.
• In the summary text of the monetary policy meeting held by the ECB in June, it was stated that continuing to increase the monetary policy interest rate was evaluated.
• Retail Sales Volume Index was up by 28.4% y-y in Turkey following 27.6% increase a month earlier.

AGENDA
• Monthly Housing Sales data for June will be released in Turkey.
• Trade Balance in Eurozone will be announced in Europa.
• President Erdogan will visit Saudi Arabia, Qatar and the UAE on 17-19 July.

COMPANY NEWS:
• The public offerings of Kaleseramik, Atakey Patates and Fuzul GYO was approved by the CMB.
• DOHOL:The Company's indirect subsidiary D-Yapi Real Estate Investment and Construction S.A. (D-Yapi) and Koray Gayrimenkul Yatırım Ortaklıgı A.Ş. have signed an unbinding letter of intent for the development of a revenue-sharing based real estate project on D-Yapi's land of 55,167 m2 located in Pipera region of Bucharest, Romania.
• ASELS: ASELS announced that two contracts with a total value of 20.7 billion TL and 1.2 billion dollars were signed with TUSAŞ for the purpose of aircraft modernization.
• DESA: It has been announced that the Samsonite store, in which the company has a 40% stake, has started its operations in Zorlu Center AVM.
• PGSUS: It has been announced that the Airbus order covering a total of 114 new aircraft has been updated and additional order for 36 new Airbus 321neo aircraft has been made. In total order size increased to 150 from 114.
• TUCLK: Paid capital increase application that has been made to CMB has been rejected.
• ANSGR: It was announced that the premiums in the January-June period increased by 101.6% YoY and reached 18.2 billion TL.
• ANHYT: It was announced that in the January-June period, the premiums increased by 107.1% YoY and reached 2.9 billion TL.


 
 TFG Istanbul Menkul Değerler A.Ş.
  www.tfgistanbul.com/arastirma-raporlar
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                  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.