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23% of the ISE is Comprised of Penny Stocks |
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Penny Stocks Istanbul Stock Exchange’s (ISE) 23% is comprised of stocks that are traded for ‘kuruş’ (subunit of Turkish Lira). Majority of these stocks belong to textile companies and to investment trusts. When directing their investments, the basic motivation of investors is to obtain revenues or at least to protect their principal capital. Without doubt no one knowingly or willingly chooses the type of investment in which his principal will wear away. It is the same for stock investments. The goal also of those who invest in stock exchange is to find the most profitable stock. As a result, choosing the stock to invest in or, in other words, the company to become a partner in is quite important. |
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General Manager of AvivaSa Meral Egemen
“AvivaSa has changed the terms of competition in the sector” Meral Egemen, general manager of AvivaSa which has passed beyond a critical point in the merger period says, “In order for our new brand to reach the target of recognition we will launch intensive communication campaigns that are to be talked about.” |
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It seems this year will be a hard one for cement producers... Cement industry is one of Turkey’s successful world-class sectors. However, cement companies face the danger of getting negatively affected by the slump in real-estate sector that has not been fully recognized and confessed yet. The sector prepares to overcome the possibility of a decrease in internal demand through export. |
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General Manager of Garanti Bank Ergun Özen
“Turkish banking is in its golden age” Ergun Özen thinks judging by its current potential the sector has a still brighter future. Garanti Bank plans to transform itself from being a local bank to a regional one. |
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