Despite the drop in the stock market on Friday, October 18, Aselsan shares gained attention due to purchases from Bank of America and QNB Investment. The BIST 100 index closed down 2.32% at 8,793.61 points, while Aselsan shares rose 1.89%, finishing the day at 59.35 TL.
## Strong Interest in Aselsan from Bank of America and QNB Investment
Clients of Bank of America executed a total of 9,328,016 lots of transactions in Aselsan shares, with 5,901,697 lots representing purchases and 3,426,319 lots representing sales. The net purchase by Bank of America was 2,475,378 lots, with an average purchase cost of 59.702 TL. The net value of daily purchases amounted to 147,783,896 TL. Meanwhile, clients of QNB Investment conducted a total of 2,694,579 lots in Aselsan shares, with 1,907,787 lots being purchases and 786,792 lots being sales. QNB Investment’s net purchase was 1,120,995 lots, with an average purchase cost of 59.741 TL. The net value of daily purchases reached 66,969,794 TL.
## Sales in Aselsan Shares
In response to the purchases from Bank of America and QNB Investment, the selling side was led by Yapı Kredi Investment (1,127,268 lots) and Ziraat Investment (856,431 lots).
This activity in Aselsan shares has captured the attention of investors. The purchases by Bank of America and QNB Investment are having a positive effect on the stock, while the selling activity is also not overlooked. Investors will closely monitor the future performance of Aselsan shares.
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.
