Pusula Investment’s Top Picks: The Most Traded Stocks of 2024

Pusula Investment has emerged as a new dynamo in BIST 100 trading volume during the first quarter of 2024.

Volume Champions on the Red Line

■ASELSAN (ASELS) – 12% daily gain, 3.4M shares traded.

■BİM (BIMAS) – 9% rise, 2.9M shares.

■KOÇ HOLDING (KCHOL) – 8%, 2.5M shares.

■TUPRAŞ (TUPRS) – 7%, 2.2M shares.

■VAKIFBANK (VAKBN) – 6%, 1.9M shares.

Strategic Positioning: Sector Weights and Biases

Pusula’s portfolio leans heavily on technology and retail to balance risk and reward.

■Technology: 28%

■Retail: 22%

■Energy: 18%

■Financials: 15%

■Other: 17%

Fibonacci and Ichimoku Technical Signals

Fibonacci retracement levels paired with the Ichimoku cloud provide decisive short‑term direction.

■ASELSAN: Fib %61.8 support, cloud above, Buy signal.

■BİM: Fib %38.2 resistance, within cloud, Hold signal.

■KOÇ HOLDING: Fib %50 support, cloud above, Buy signal.

■TUPRAŞ: Fib %23.6 resistance, cloud below, Sell signal.

Risk‑Reward Perspective: Portfolio Balance

High‑volume stocks offer attractive returns, yet volatility and macro risks cannot be ignored.

■Average daily volatility 14%.

■Low‑liquidity stocks represent 3% of the basket.

■Expected interest‑rate hikes and FX volatility add macro uncertainty.

While the stock basket favored by Pusula Investment displays strong technical buying cues, macro‑level forces remain decisive. In particular, potential rate pressure on energy and financial sectors could trigger short‑term corrections; therefore, tight stop‑loss controls are essential. – Caner Yılmaz, BIST 100 Technical & Quantitative Analysis Director