UK-based HSBC has published a report in which it evaluates interesting stocks in Turkey. In the report, Borsa İstanbul companies, which especially attracted the attention of the bank, were shared, while implicit views were shared on the Turkish economy, which tried to make a “u-turn” in economic policy after the 28 May elections.
According to the published report, although the policy changes and appointments in Turkey surprised the investors, it was stated that the market is moving in a friendly direction. In the report, it was reminded that President Recep Erdogan appointed Mehmet Şimşek to the Ministry of Treasury and Finance and Hafize Gaye Erkan to the Central Bank of the Republic of Turkey after the elections. It was stated that these appointments reminded the example of Argentina, and it was emphasized that the stock market in Argentina made strong gains after the 2015 elections of Mauricio Macri and that the stocks traded in Borsa Istanbul are expected to show a similar performance.
In the HSBC report, regarding Turkish stocks, Turkish Airlines, Pegasus, TOFAS, BİM, Migros And Blue companies such as In addition, it was stated that banks should also perform well.
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