Monday, June 4, 2007

How to invest money in Turkey

Stockweb.blogspot - The first thing to know about the Turkish stock market and the currency (Lira) is that they move in tandem with developed markets.

Indecies:We have two main indecies. ISE National All Shares Index is composed of all National Market companies except investment trusts.Next one ISE 30 is composed of National Market companies except investment trusts and is used for trading in the Derivatives Market.

Below I've prepared analyse on sector return in turkish lira for year 2006.

Blue chips companies listed on ISE:Akbank, Arcelik, DYO Boya Fabrikalari, Denizbank, Enka Insaat ve Sanayi A.S., Erdemir, Finansbank, Garanti Bank, Kardemir, Karsan, Koc Holding, Migros Turk, Penguen, Petrol Ofisi, Tofas, Turkcell, Turkish Airlines

Financial instruments:For investment in EUR I'd recommend Lyxor ETF DJ Turkey titans 20 (TUR) registered in France. For US investors Finans Asset Management launched the first ETF in January 2005, the Dow Jones Istanbul 20 ETF. This ETF tracks the performance of the largest blue-chips in Turkey. In December 2005 another ETF was launched, the Non-Financial Istanbul 20 ETF, which tracks the performance of the largest industrial blue-chips of Turkey. The provider launch Turkish Smaller Companies Istanbul 25 ETF.For US investors the good way is pick up from NYSE Turkish Investment Fund (TKF) or Turkcell Ilet (TKC).

My personal outlook for 2007 is bullish. After some months of struggling a lot of turkish shares are with very good discount.


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