Bank of America’s Biggest Net Buys and Sells on BIST: Turkish Gold Enterprises and Turkish Airlines Lead

Bank of America (BofA) reshaped market dynamics last week with high‑volume trades on the Borsa Istanbul.

Net Buying Champion: Turkish Gold Enterprises

BofA recorded a net purchase exceeding TRY 2.01 billion in Turkish Gold Enterprises (TRALT), making it the week’s top buyer. This move could boost the domestic gold producer’s liquidity profile and its sensitivity to foreign‑exchange fluctuations.

Net Selling Leader: Turkish Airlines

On the sell‑side, Turkish Airlines (THY) stood out as BofA executed a TRY 2.74 billion net sale, reflecting heightened risk perception in the aviation sector. The disposition may be linked to currency volatility and lingering uncertainties in global travel demand.

Other Notable Portfolio Moves

■Peker Real Estate Investment Partnership (PEKGY) – TRY 702.47 million net buy

■Sector‑wide distribution – BofA’s diversified strategy also includes moderate activity in energy and financial services.

Murat Yıldız – The actions of foreign institutions on the Borsa Istanbul, especially strategic buy‑sell decisions by major banks, directly influence market volatility. The sizeable purchase of Turkish Gold Enterprises signals a risk‑return balance aligned with expectations of rising gold prices, while the net sell‑off of Turkish Airlines underscores ongoing foreign‑exchange uncertainty and the fragile state of global travel demand. Investors should closely monitor these sectoral developments and consider rebalancing their portfolios accordingly.