TFG Istanbul Morning Report (TFG Istanbul Menkul Değerler )

" BIST100 and BIST30 both was up 2.8% Friday. MSCI Asia, US and EU futures are up. We expect positive opening for BIST.
" The CBRT has pulled down the minimum ratio requirement of TRY deposits in total from 60% to 57% and the required conversion ratio for the period from 10% to 5%. While being positive steps towards normalisation, many banks are set to remain below this threshold due to the decline in the value of the local currency following the elections as the denominator used in the calculations are made. Yet we perceive the move slightly positive for the banking stocks.
" The discount interest rate to be applied by the CBRT in rediscount transactions was determined as 15.75% annually, and the interest rate to be applied in advance transactions was determined as 16.75% annually.
" CBRT Chairman Erkan: The simplification process will be carried out gradually by making impact analyzes
" S&P lowered China's growth forecast for 2023.
" Treasury and Finance Minister Simsek: Turkey's fight against money and terrorist financing continues with determination.
AGENDA
" Tomorrow will be a half-day trading day on the home front.
" The Fed will announce the results of its annual bank stress tests on June 28.
COMPANY NEWS:
" CCOLA has started preliminary negotiations with The Coca-Cola Company on the acquisition of Coca-Cola Bangladesh Beverages.
" BRISA announced that production will be suspended at its Izmit factory between 26 June and 9 July due to routine maintenance works.
" KONTR shared that its sales forecast for 2023 is in the range of 4.5-5.0TRYbn, while its EBITDA expectation is in the range of 1.00-1.25TRYbn with a EBITDA margin of 25%.
" CELHA decided to increase its paid-in capital by 622% from TL41.5mn to TL300mn.

 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.