FOREX NEWS SURVEY - Economists Forecast a 2.00% Increase in November's CPI

Foreks - Foreks News inflation and dollar/TL survey has been concluded. The median monthly forecast by economists for the Consumer Price Index (CPI) in November ...

Market Insights Summary

Forex -

Summary Information About the Markets

• November 27, 2024

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,639.77

BIST 100 Daily Change 3.65

B...

MARKET INSIGHT - Stock Market Concludes the Day Flat

The BIST 100 index closed the day with an increase of 3.65 points at 9,639.77. According to the Foreks News survey, the BIST 100 index was expected to close with ...

Geely Auto Sees Share Buyback by Chairman and Parent Group

Geely Auto has witnessed a significant share buyback led by its parent company, Geely Group, and Chairman Shufu Li. The buyback consisted of approximately 48.4 mi...

Parkland Corp to Buy Back 10% of Shares, Stock Rises 4%

Parkland Corp. shares experienced their largest intraday gain since April, rising by up to 4% following the announcement that the company plans to repurchase up t...

Pony.ai Begins Trading on Nasdaq

Pony.ai, a global leader in autonomous driving technology, has begun trading on the Nasdaq Global Select Market (PONY) today, celebrating its IPO with the ringing...

Pony AI Debuts at $15, IPO Price Set at $13

Pony AI (PONY) shares began trading at $15, with the company’s initial public offering (IPO) price set at $13. The first trading day of the China-based firm speci...

Vishay Intertechnology Surges with Its Role in Nvidia's Supply Chain

On Wednesday, Vishay Intertechnology's shares continued to rise for the second consecutive day following positive remarks from industry analyst Ming-Chi Kuo. The ...

Halifax: Housing Affordability is Improving, but Challenges Persist

According to Halifax, the largest mortgage lender in the UK, buying a home has become slightly more affordable for those with average incomes. Halifax reported th...

UBS: Chinese Stocks Face Greater Volatility Due to Tariffs and Stimulus

Forex - UBS Global Wealth Management's Chief Investment Office maintains a neutral outlook on Chinese equities following a policy-driven performance in 2024. Acco...

Coffee Futures Prices Hit 47-Year High

Coffee prices surged to nearly a 50-year high yesterday as concerns over global supply shortages were compounded by market uncertainty regarding the impact of new...

Biden Administration Considers Additional Restrictions on Chip Sales to China

According to knowledgeable sources, the Biden administration is reportedly contemplating additional restrictions on the sale of semiconductor equipment and artifi...

JPMorgan Predicts S&P 500 Will Reach 6,500 by 2025

Foreks - JPMorgan (NYSE:JPM) has set a price target of 6,500 for the S&P 500 index for 2025, indicating an 8% upside potential from current levels. This target is...

Meta CEO Zuckerberg Dines with Trump

Foreks - Former President Donald Trump dined with Meta CEO Mark Zuckerberg at his Mar-a-Lago club in Florida yesterday. Stephen Miller, who was appointed as Deput...

TCMB Vice Governor Akçay: As Inflation Slows, Currency Interventions Will Decrease

Forex - The Central Bank of the Republic of Turkey’s Deputy Governor Cevdet Akçay stated in a meeting with investors in London that interventions in the foreign e...

Inveo Investment Holding Plans to Launch Sustainable Projects in Renewable Energy Sector

Foreks - Inveo Investment (IS:INVEO) Holding plans to implement sustainable projects in the renewable energy sector.

In a statement made to KAP by the company, ...

USA: Our Policy on F-35 Supply Conditions to Turkey Remains Unchanged

The U.S. has responded to the statements of Turkey's Minister of National Defense, Yaşar Güler, regarding the lack of objections from the U.S. to Turkey's Russian...

Trafigura Group Fuels Price Surge by Withdrawing Thousands of Tons of Zinc from LME Warehouses

Trafigura Group has pulled thousands of tons of zinc from London Metal Exchange warehouses, fueling price increases. Orders to withdraw zinc from LME-regulated wa...

Biden Administration Considers Additional Restrictions on Chip Sales to China

According to knowledgeable sources, the Biden administration is focusing on additional restrictions aimed at increasing pressure on China's technology ambitions t...

Retail Sentiment Weakens on Employment Conditions in the UK

According to a survey conducted by CBI, retail sentiment regarding conditions in the UK sharply deteriorated in November 2024, with the rate of decline reaching t...

Zambia Approves Mining Law Reforms to Boost Copper Production

Forex - It has been reported that the Zambian parliament has approved two mining reform bills, which are expected to be signed by the President soon. The Mining R...