1- Fluctuating course in the stock market
BIST 100 recorded a decrease of 11.5% in the first three trading days of the week. As of Wednesday, the index lost 16 percent from its record level of 5,704 points on 3 January, while it followed a bustling course in the second half of the week, and finished with a loss on Thursday, which started with a loss.
2- Stock market warning from CMB
In the press statement made by the CMB, it was noted that the supervision and control activities against market-distorting activities are always carried out and that penal sanctions will be applied for actions that will damage the confidence and stability of the capital market.
3- The details of the KGF package have been announced
Treasury and Finance Minister Nureddin Nebati explained the details of the Treasury Backed Bail System. Of the surety limits provided by the Package announced by Nebati, 35 billion TL will be allocated for operating expenses, 35 billion TL for foreign exchange earning activities, 20 billion TL for investment-project financing. In addition, 15 billion TL for the manufacturing industry supplement, 25 billion TL for the EYT supplement, and 10 billion TL for regionally focused SMEs will be used. Minister of Treasury and Finance Nureddin Nebati explained the details of the Treasury Backed Bail System. Of the guarantee limits provided by the Package announced by Nebati, 35 billion TL will be allocated to support operating expenses, 35 billion TL to activities that earn foreign currency, and 20 billion TL to investment-project financing. In addition, 15 billion TL for the manufacturing industry basis, 25 billion TL for the EYT basis, and 10 billion TL for regionally oriented SMEs will be used.
4- First negative inflation in the USA
US inflation information expected by global markets has been determined. Inflation information came in line with market expectations in December. While negative inflation was observed in the month, a realization of 6.5 percent was recorded on an annual basis.
5- 12-month current account deficit exceeded 45 billion dollars
According to the November statistics of the Central Bank of the Republic of Turkey (CBRT), the Turkish economy had a current account deficit in the 13th month. By November, the 12-month current account deficit exceeded 45 billion dollars. Net errors and omissions continued in November and were recorded as 22.3 billion dollars in the January-November period.
6- Treasury completed the first foreign borrowing of the year
The Ministry of Treasury and Finance stated that the demand for the 2.75 billion dollar eurobond issuance was more than three times.
7- Grams underrecord rise
After the US inflation came in line with the expectations, gold continued to rise on the back of falling dollar and bond yields. Spot gold exceeded the level of 1900 dollars for the first time since May, while gram gold broke the record with 1148 TL.