MARKET WATCH (SEKER YATIRIM)

MARKET WATCH (SEKER YATIRIM)

MARKET WATCH - FRIDAY, FEBRUARY 27, 2026
OUTLOOK:
THE BIST-100 INDEX STARTED THURSDAY ON A NEGATIVE TREND. AFTER RECOVERING ITS INTRADAY LOSSES WITH AFTERNOON BUYING, THE INDEX CLOSED THE DAY AT 13,878.54, UP 0.50%. AMONG SECTORAL INDICES, THE INDUSTRIAL INDEX ROSE BY 0.28%, WHILE THE BANKING INDEX SHOWED A POSITIVE DIVERGENCE WITH A 1.40% GAIN. THE FINANCIAL LEASING AND FACTORING INDEX WAS THE MOST POSITIVE PERFORMER WITH A 7.60% GAIN, WHILE THE SPORTS INDEX WAS THE MOST NEGATIVE WITH ITS 3.48% LOSS. ACCORDING TO THE WEEKLY SECURITIES STATISTICS PUBLISHED BY THE CBRT YESTERDAY, IN THE WEEK ENDING FEBRUARY 20TH, FOREIGN RESIDENTS MADE NET PURCHASES OF USD410 MILLION IN EQUITIES, ADJUSTED FOR PRICE AND FX RATE EFFECTS. SINCE THE BEGINNING OF 2026, FOREIGN INVESTORS HAVE MADE NET PURCHASES OF USDD2,349 MILLION IN EQUITIES AT THE BIST. ON THE GOVERNMENT BOND SIDE, FOREIGNERS MADE NET SALES OF USD991.4 MILLION PER WEEK, WHILE THEY MADE NET PURCHASES OF USD4.807 MILLION SINCE THE START OF 2026. THE VIOP FEBRUARY FUTURES INDEX CONTRACT CLOSED THE EVENING SESSION UP 0.40%. GLOBALLY, THE U.S. STOCK MARKETS GAVE A MIXED PERFORMANCE. THE DOW JONES INDEX RECORDED A LIMITED INCREASE OF 0.03%, WHILE THE S&P 500 INDEX ROSE 0.54% AND THE NASDAQ INDEX INCREASED BY 1.18%. EUROPE ALSO GAVE A MIXED PERFORMANCE, WITH THE GERMAN DAX INDEX RISING 0.45% AND THE EURO STOXX 50 INDEX FALLING 0.28%. FOLLOWING YESTERDAY`S NEGOTIATIONS IN GENEVA, IRANIAN FOREIGN MINISTER ABBAS ARAGHCHI STATED THAT PROGRESS HAD BEEN MADE IN TALKS WITH THE U.S., THAT THEY WERE CLOSE TO AGREEMENT ON SOME ISSUES, BUT THAT DIFFERENCES REMAINED. THE U.S. AND IRAN ARE EXPECTED TO RESUME NUCLEAR TALKS NEXT WEEK. AT THE START OF THE NEW DAY, ASIAN STOCK MARKETS ARE TRADING RELATIVELY FLAT. IN FUTURES INDICES, THE U.S. FUTURES REVEAL A LIMITED NEGATIVE, AND EUROPEAN FUTURES A LIMITED POSITIVE MOOD. TODAY`S MACROECONOMIC DATA RELEASES IN TURKIYE INCLUDE THE JANUARY SERVICES PRODUCER PRICE INDEX AND UNEMPLOYMENT RATE. GLOBALLY, KEY DATA RELEASES INCLUDE GERMANY`S CPI AND UNEMPLOYMENT RATE, AND THE U.S. PPI AND CONSTRUCTION SPENDING FIGURES. LOCALLY, WE EXPECT THE BENCHMARK INDEX TO START FRIDAY POSITIVELY, FOLLOWED BY VOLATILE INTRADAY MOVEMENTS. SUPPORT: 13,700 - 13,600 RESISTANCE: 13,900 - 14,000.
MONEY MARKET:
THE LIRA WAS NEGATIVE YESTERDAY, WEAKENING 0.06% AGAINST THE USD TO CLOSE AT 43.8850. THE CURRENCY ALSO DEPRECIATED BY 0.13% AGAINST A BASKET OF $0.50 AND €0.50. MEANWHILE, THE LOCAL FIXED INCOME MARKETS WERE POSITIVE. THE TEN-YEAR BENCHMARK BOND WAS TRADED WITHIN A RANGE OF 30.07%-30.19%, ENDING THE DAY AT A LOW OF 30.07%, 11 BPS BELOW ITS PREVIOUS CLOSING.
SECTOR NEWS:
IRON & STEEL SECTOR: ACCORDING TO THE WORLD STEEL ASSOCIATION, GLOBAL CRUDE STEEL PRODUCTION DECLINED BY 6.5% YOY TO 147.3 MN TONS IN JANUARY 2026. PRODUCTION IN CHINA, THE WORLD`S LARGEST STEEL PRODUCER, FELL BY 13.9%, WHILE TURKEY RECORDED A 5.8% INCREASE, REACHING 3.4 MN TONS.
COMPANY NEWS:
CIMSA (CIMSA.TI OP): AT ITS BOARD OF DIRECTORS MEETING DATED FEBRUARY 26, 2026, THE COMPANY RESOLVED TO PROPOSE TO THE GENERAL ASSEMBLY A CASH DIVIDEND PAYMENT OF GROSS TRY 0.7402776 (NET TRY 0.6292359) PER SHARE WITH A NOMINAL VALUE OF TRY 1. BASED ON THE CLOSING PRICE AS OF FEBRUARY 26, 2026, THE PROPOSED CASH DIVIDEND CORRESPONDS TO A GROSS DIVIDEND YIELD OF 1.39%. THE PROPOSED DIVIDEND ENTITLEMENT (EX-DIVIDEND) DATE HAS BEEN SET AS APRIL 1, 2026.
CIMSA (CIMSA.TI OP) HAS REPORTED TRY 651MN IN NET PROFIT ATTRIBUTABLE TO THE PARENT FOR 4Q25, BASED ON ITS CONSOLIDATED FINANCIAL RESULTS PREPARED IN ACCORDANCE WITH INFLATION ACCOUNTING (TAS 29 IMPACT). THE REPORTED NET PROFIT CAME IN BELOW OUR EXPECTATION OF TRY 1,637MN AND THE MARKET`S MEDIAN EXPECTATION OF TRY 817MN.
THE COMPANY`S NET SALES REVENUES ROSE BY 2.1% YEAR-ON-YEAR TO TRY 11,364MN IN 4Q25, SLIGHTLY ABOVE OUR EXPECTATION OF TRY 11,226MN AND THE MARKET`S MEDIAN EXPECTATION OF TRY 11,271MN.
EBITDA INCREASED BY 76.5% YEAR-ON-YEAR TO TRY 2,181MN IN THIS QUARTER. THE REPORTED EBITDA FIGURE CAME IN SLIGHTLY BELOW OUR EXPECTATION OF TRY 2,377MN AND THE MARKET`S MEDIAN EXPECTATION OF TRY 2,310MN.
DOGUS OTOMOTIV (DOAS.TI OP) IS TO ANNOUNCE ITS 4Q25 RESULTS AFTER THE CLOSE OF THE TR MARKETS. FOR 4Q25, WE EXPECT NET SALES OF TRY 89,409MN (MARKET AVERAGE EXPECTATION: TRY 85,820MN). ON THE EBITDA SIDE, THE AVERAGE MARKET EXPECTATION IS TRY 3,499MN, WHILE OUR EXPECTATION IS TRY 3,904MN. AS A RESULT, WE EXPECT THE COMPANY TO PRINT A NET PROFIT OF TRY 1,875MN (AVG. MARKET EXPECTATION: TRY 1,662MN).
EMLAK KONUT REIT (EKGYO.TI N/C) HAS ANNOUNCED THAT THE CONSTRUCTION SITE OF ISTANBUL TUZLA AYDINLI 1ST STAGE REVENUE SHARING MODEL PROJECT IN RETURN FOR LAND SALE WAS DELIVERED TO THE DAG MUHENDISLIK MUT. TIC. VE SAN. A.S. ON TUESDAY, 17.02.2026.
EMLAK KONUT REIT (EKGYO.TI N/C) HAS ANNOUNCED THAT THE CONSTRUCTION SITE OF ISTANBUL BASAKSEHIR SOUTH COMMERCIAL 1ST STAGE REVENUE SHARING MODEL PROJECT IN RETURN FOR LAND SALE WAS DELIVERED TO PEKERLER INS. ENERJI TAS. TUR. SAN. VE TIC. LTD. STI. ON WEDNESDAY, 25.02.2026.
SISECAM (SISE.TI OP): PURSUANT TO PUBLIC DISCLOSURE DATED FEBRUARY 20, 2026, THE TRANSFER AND PAYMENT TRANSACTIONS OF INVESTMENT PROPERTIES LOCATED IN ISTANBUL PROVINCE, BEYKOZ DISTRICT, INCIRKOY NEIGHBORHOOD, NAMELY PARCELS 251/4, 257/6, 270/2, 270/16, 270/34, 270/42, 270/43, 271/2, 271/6, 271/8, AND 294/29, WITH A TOTAL LAND AREA OF 117,018.95 M² TO CELIKLER TAAHHUT INSAAT VE SANAYI A.S. FOR USD 171,500,000 WERE COMPLETED ON FEBRUARY 26, 2026.



SEKER YATIRIM MENKUL DEGERLER A.S
WWW.SEKERYATIRIM.COM.TR

***
YASAL UYARI

BURADA YER ALAN YATIRIM BILGI, YORUM VE TAVSIYELER YATIRIM DANISMANLIGI KAPSAMINDA DEGILDIR.YATIRIM DANISMANLIGI HIZMETI ARACI KURUMLAR, PORTFOY YONETIM SIRKETLERI, MEVDUAT KABUL ETMEYEN BANKALAR ILE MUSTERI ARASINDA IMZALANACAK YATIRIM DANISMANLIGI SOZLESMESI CERCEVESINDE SUNULMAKTADIR.BURADA YER ALAN YORUM VE TAVSIYELER, YORUM VE TAVSIYEDE BULUNANLARIN KISISEL GORUSLERINE DAYANMAKTADIR.BU GORUSLER MALI DURUMUNUZ ILE RISK VE GETIRI TERCIHLERINIZE UYGUN OLMAYABILIR.BU NEDENLE, SADECE BURADA YER ALAN BILGILERE DAYANILARAK YATIRIM KARARI VERILMESI BEKLENTILERINIZE UYGUN SONUCLAR DOGURMAYABILIR.