Tera Investment’s BIST Hot Picks: Liquidity Flow and Smart Money Trails

Tera Investment shed light on market dynamics by revealing the most actively traded stocks on Borsa Istanbul during Q1 2024.

Sector Ripples

The sectors still attracting the most attention from retail and institutional investors were Financial Services, Energy, and Technology. Financial firms led with a %12 increase in trades, while energy giants followed with a %9 rise.

Trade Volume & Depth Analysis

■Total trade volume reached $3.4 Billion, up %18 from the previous quarter.

■The highest liquidity provider was BIST: GARAN, averaging 1.2 Million shares exchanged daily.

■Dark‑pool activity grew by %7, unveiling hidden smart‑money directions.

■Brokerage‑firm (ARK‑K) allocations remained dominated by domestic players at %45.

Smart‑Money Trajectory

Tera Investment’s data indicate that foreign institutional investors are gravitating toward Energy and Technology stocks, while Domestic smart money continues to dominate the Financial sector. Notably, BIST: ASELS and BIST: THYAO saw %22 of foreign inflows concentrate in the last two weeks.

Potential Impact & Strategic Stance

■Sell strategies are recommended for Financial stocks to hedge short‑term volatility.

■Buy positions in Energy and Technology equities are supported by medium‑term growth forecasts.

■The rise in dark‑pool activity raises volatility risk, yet also creates liquidity opportunities for algorithmic traders.

Volkan Şen – High‑Frequency Trading & Market‑Depth Specialist: "Tera Investment’s trade report clearly maps the sectoral rotation of smart money. The waning domestic flow in financials signals a short‑term correction, whereas foreign interest in energy and tech points to medium‑ to long‑term upside. The %7 uptick in dark‑pool volume mandates a reassessment of algorithmic strategies to capture emerging liquidity without succumbing to heightened volatility."