Stock prices in the market can fluctuate due to various factors such as company performance, economic indicators, and investor sentiment. While the BIST100 index has made a positive start in 2024, some stocks continue to trade near their lowest levels over the past year.
# Dip and Peak Analysis
The BIST100 index closed at 8,793.61 points with a loss of 0.93% during the week of October 14-18. Although the index has seen a 15.34% increase since the beginning of 2024, not all stocks have kept pace with this rise. Specifically, stocks from companies not included in the BIST30 index have underperformed relative to the overall performance of the index.
# Stocks Closest to Their Lows in 2024
The stock that has come closest to its lowest level in the past year is Koza Polyester (KOPOL) at 0.62%. Following that is Hektaş (HEKTS) at 0.82%. Europower Enerji (EUPWR), Eksun Gıda (EKSUN), and Alfa Solar (ALFAS) are other stocks that are trading near their low levels.
Investors should carefully assess companies’ financial performances, their positions in the industry, and future expectations when investing in stocks. While stocks trading near their low levels may seem attractive, it is crucial to refrain from investing without a careful analysis and risk management strategy. There are many factors that could impact the stock markets for the remainder of 2024, and investors need to closely monitor these factors.
Source
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
