Tera Yatırım's Hot Picks: The Most Traded Shares of Q1 2024

Tera Yatırım, one of Turkey’s most dynamic investment funds, has refocused its portfolio on sector giants such as BİM, TÜPRAŞ, ASELSAN, İÇTAK, and KARAFÜN during the first quarter of 2024.

Sectorial Winds: Which Industries Captured Investor Attention?

■Retail: BİM saw a 18.3% volume increase, offering a 2.1% dividend yield

■Energy: TÜPRAŞ experienced a 12.5% volume surge, 1.8% dividend yield, and a 5.4% share buy‑back rate

■Defense: ASELSAN posted a 9.7% volume rise, 1.5% dividend yield

■Banking: İÇTAK grew by 7.2% in volume, delivering a 2.4% dividend yield

■Energy Communications: KARAFÜN increased volume by 6.5%, with a 1.9% dividend yield

Tera Yatırım’s Strategic Outlook

■Focus on share buy‑back programs to support market pricing of TÜPRAŞ and ASELSAN

■Prioritise dividend‑yielding firms for long‑term value creation

■Monitor liquidity flows across sectors to optimise risk distribution

Market Reactions: What Investors Are Saying

■These stocks contributed to a 3.5% overall rise in the Borsa Istanbul, with a 0.8% volatility uptick

■Tera Yatırım’s net trading volume of 10.2% exceeded the sector average

■Analysts highlighted BİM’s low‑cost retail model as a sustainable growth driver for long‑term investors

Tera Yatırım’s selections in this period reflect confidence in dividend yields and buy‑back programs. The firm maintains a strategy of delivering stable returns through low leverage and strong cash flows, while positioning itself defensively against market volatility.