BofA Reveals Most Bought and Sold Turkish Stocks
On the Istanbul Stock Exchange, the BIST 100 index closed yesterday at a level of 9,765.12 points, losing 1.52% of its value. The trading volume throughout the day was recorded at 69.7 billion TL. The trading activities of the US-based investment bank Bank of America drew the attention of investors.
In its transactions dated December 23, Bank of America generated significant volume in several stocks. The shares that the bank bought the most were primarily from the defense, retail, and banking sectors. Meanwhile, the sales side saw a focus on the communication and construction sectors. Here are the details:
Stocks with the Most Purchases by Bank of America:
- ASELS: Aselsan (ASELS), a leader in the defense industry, attracted attention with high trading volume.
- BIMAS: Shares of BİM, a strong player in the retail sector, faced heavy buying.
- ODINE: Odine stocks, operating in the technology sector, caught the radar of Bank of America.
- PGSUS: Pegasus Airlines (PGSUS) shares reflected interest in the transportation sector.
- YKBNK: Yapı Kredi (YKBNK) Bank stood out in the purchases within the banking sector.
Stocks with the Most Sales by Bank of America:
- TCELL: Sales in Turkcell (TCELL) shares came to the forefront.
- HALKB: Selling transactions concentrated in Halkbank (HALKB) shares.
- EKGYO: Emlak Konut (EKGYO) REIT was part of the selling wave in the real estate sector.
- SAHOL: Sabancı Holding shares also made it onto Bank of America's sales list.
- TTKOM: Türk Telekom shares faced selling pressure.
This volatility on the Istanbul Stock Exchange once again demonstrated the impact of foreign investors' strategies on the market.