Executive of a prominent investment company said that as an institution, its 12-month forecast on the stock market was 8400 points.
The stock market continues to rise with the change in economic management after the election, the appointments to the Central Bank and the change in monetary policy. Foreign interest also began to revive.
The manager of an investment company, spoke to Turkish media, making the following assessment about the stock market: ”Unless there is a very adverse development, the direction may be up, although there may be occasional corrections, and in the short term, sitting above 7500 levels will also signal confidence.”
He said, “In our reports we issued on July 21, we set our target for the 12-month BIST-100 index as 8400.”
