📉 The BIST100 index finished the day at 9,998 with a decrease of 1.08% today.
🔄 Daily trading volume: 99.8 billion TL
📊 Of the 100 stocks traded:
• 23 gained value
• 74 faced selling pressure
📉 The sector index that lost the most value today:
The Communication index decreased by 2.97%.
🏦 Deutsche Bank's CBRT Forecast
Deutsche Bank, in its analysis of Turkey, predicted that the CBRT may start cutting interest rates in July:
• 350 basis points in July
• Expectation of 250 basis points interest rate cuts in the next 3 meetings
🔻 Year-end policy rate expectation was lowered from 37.5% to 35%.
📉 Inflation projections:
• CPI expectation for the end of 2025: 29.5%
• For the end of 2026: 21.7%
(CBRT's 2025 target: 24%)
💸 The Winner of June: Government Bonds
📈 According to TURKSTAT data, the highest real return in June was in Government Domestic Debt Securities (DİBS):
• When deflated with CPI: 2.82%
• When deflated with PPI: 1.73%
🇺🇸 Sabancı Holding Expands its Solar Power Plant Portfolio in the USA
🔋 Sabancı Renewables acquired Pepper Solar Farm LLC, based in the USA.
• This 156 MW solar power plant investment will be commissioned in the 3rd quarter of 2027
• Thus, Sabancı's energy portfolio in the USA reached 660 MW
⚡ Big Step from Aksa Energy in Uzbekistan
🌍 Aksa Energy commissioned its 430 MW natural gas power plant in the Talimercan region at full capacity.
• Increased its total installed power in Uzbekistan to 1,220 MW
• Became the largest Turkish investor in the country