Bank of America’s BIST 100 Picks: Tüpraş Leads Buys, Akbank Tops Sales

Bank of America’s weekly trading report reveals a modest rise in the BIST 100 index and highlights the stocks that saw the most activity from the institution.

BIST 100 Closes the Week Up 0.87% at 14,641.56 Points

■The index finished 0.87% higher than the prior week’s close, at 14,641.56 points.

■The modest gain reflects a slight improvement in regional risk appetite.

■Turkey’s most liquid equities formed the core of this movement.

Bank of America’s Top Picks on the Trade Radar

■Buy side: Tüpraş (TUPRS) topped the list as the most heavily purchased stock by BofA.

■Sell side: Akbank (AKBNK) emerged as the most aggressively sold equity.

■Additional notable trades show a balancing act across energy and financial sectors.

Key Figures and Takeaways

■Data provider: Forinvest Software and Technologies Services Inc.

■Latency: Market data is delivered with a 15‑minute delay.

■Trading volume: Weekly turnover rose 3.2% compared with the previous week.

■Market liquidity: High liquidity enables large institutions like BofA to adjust positions with ease.

Expert Insight (Ufuk Tepe): The slight uptick in the BIST 100 signals a resurgence of risk appetite among local investors. BofA’s heavy buying of Tüpraş underscores confidence in the energy sector’s price stability and margin potential. Conversely, the selling pressure on Akbank suggests a cautious stance toward the financial sector amid the prevailing interest‑rate environment and credit risk concerns. These dynamics will be pivotal in shaping the BIST 100’s trajectory in the coming weeks.