On Thursday, October 3, the BIST 100 index on Borsa Istanbul closed down by 1.27% at 8,898.23 points, while shares of Sasa Polyester Sanayi A.Ş. (SASA) stood out positively, rising by 1.74% to close at 4.09 TL. The significant purchase of 82 million TL in Sasa Polyester shares by two major institutions became one of the most discussed topics of the day.
## Bank of America and Yatırım Finansman Make Significant Purchases in Sasa Polyester
The rise in Sasa Polyester shares was influenced by purchases made through Bank of America and Yatırım Finansman. Customers of Bank of America executed a total of 94,139,433 lots of SASA shares. Of these transactions, 54,214,875 lots were purchases, while 39,924,558 lots were sales. Bank of America ended the day with a net purchase of 14,290,317 lots of Sasa Polyester shares. The average purchase price for Bank of America was 4.099 TL, and the net value of daily purchases amounted to 58,569,167 TL.
## Yatırım Finansman Also Accumulates Sasa Polyester Shares
Customers of Yatırım Finansman executed 18,689,714 lots of SASA shares, with 12,259,367 lots being purchases and 6,430,347 lots being sales. Yatırım Finansman closed the day with a net purchase of 5,829,020 lots of Sasa Polyester shares. The average purchase price for Yatırım Finansman was 4.105 TL, with the net value of daily purchases reaching 23,928,513 TL.
## Who are the Sellers in Sasa Polyester Shares?
In response to the purchases made by Bank of America and Yatırım Finansman, the main sellers included Ak Yatırım (7,269,762 lots) and İş Yatırım (6,506,122 lots).
The activity in Sasa Polyester shares has attracted the attention of investors and market analysts. The development of the significant purchase of 82 million TL by two major institutions in Sasa Polyester shares has led to various interpretations about the future of the stock.
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.
