During the week of September 30 to October 4, the BIST100 index closed at 9,109.34 points, marking a 6.83% decrease. However, clients of Garanti BBVA Investment seized this decline as a buying opportunity, resulting in purchases totaling 2 billion TL.
Which Stocks Did Garanti BBVA Investment Clients Buy?
In the week when the BIST100 index fell, Garanti BBVA Investment clients showed significant interest in Turkish Airlines (THYAO) and Yapı Kredi Bank (YKBNK) shares. They were followed by Akbank (AKBNK), Türkiye İş Bankası (ISCTR), and Bim Birleşik Mağazalar (BIMAS).
Most Bought Stocks and Net Purchase Amounts
From September 30 to October 4, the most purchased stocks and their net acquisition amounts through Garanti BBVA Investment were as follows: THY 194,695,320 TL, YKBNK 177,626,436 TL, AKBNK 175,325,047 TL, ISCTR 160,303,748 TL, BIMAS 159,664,718 TL.
The 2 billion TL worth of purchases made by Garanti BBVA Investment clients, despite the decline in the BIST100 index, can be interpreted as a sign of confidence in the market.
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.
