The BIST 100 index closed at 9,109.34 points in the first week of October, marking a decrease of 6.83%. Following a rise in the first half of the year and a historic peak in July, the downward trend continued in October. During this period, several stocks lost significant value from their peak points.
# Peak-Valley Analysis
Some stocks in the market experienced significant value losses that raised concerns among investors.
# Stocks Most Distant from Their Peaks
Peker Gayrimenkul Yatırım Ortaklığı A.Ş. (PEKGY), which reached a peak price of 37.78 TL in the last year, stands out with a closing price of 4.27 TL, making it the stock farthest from its peak. Following PEKGY are Birikim Varlık Yönetim A.Ş (BRKVY) at 82.19%, Mega Polietilen Köpük Sanayi A.Ş. (MEGAP) at 80.66%, Katılımevim Tasarruf Finansman A.Ş. (KTLEV) at 77.18%, Bayrak Ebt Taban Sanayi ve Ticaret A.Ş. (BAYRK) at 77.17%, and Politeknik Metal Sanayi ve Ticaret A.Ş. (POLTK) at 76.18%.
The downward trend in the BIST 100 index has led to substantial value losses in various stocks. Investors should carefully monitor the markets and exercise caution in their trading activities.
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.
