Bitcoin and DOGE Reach Record Highs Following Trump’s Victory

Bitcoin surged to over $75,000, reaching a historic high following Trump’s victory. Elon Musk’s favorite cryptocurrency, DOGE, rose by 18% in the last 24 hours, reaching $0.2.

Trump’s Policies May Prompt ECB to Accelerate Interest Rate Cuts

A more protectionist policy in Europe could hinder growth and encourage the European Central Bank (ECB) to accelerate the pace and size of interest rate cuts.

Stock Market Rises Over 2%

The BIST 100 Index rose by over 3% to 8,887 levels led by retail trade shares. Migros saw a 9.9% increase, while Bim Mağazalar rose by 6.6%.

IDH Fund Established by İş Portföy Gains 30.98% in 1 Year

The IDHBIST 100 Non-indexed Companies Stock Fund managed by İş Portföy allocates at least 80% of its portfolio to shares included in the XTUMY Index. It achieved a 30.98% return in the past year, with a 0.81% decline in the last month. The fund’s portfolio mainly consists of ANSGR, Banvit, Albaraka Türk, TAB Gıda, and Lokman Hekim shares.

Nurol Investment Bank Issues Bonds with 55.96% Annual Compound Interest

Nurol Investment Bank issued financing bonds to qualified investors with a total amount of 650,000,000 TL. The annual simple interest rate of the bond is 49.75%, equivalent to 55.96% compound interest. The maturity date of the 182-day bond will have an interest rate of 24.81%.

Company Bulletin

Hareket Success

Hareket Proje Taşımacılığı completed the planned maintenance work of Socar Turkey-owned Socar Refinery. The maintenance, announced to the public in June, was completed in 45 days with approximately 500 personnel and high safety standards.

Turkish Pharmaceutical Success

Türk İlaç completed the initial phase of its plan to increase serum production capacity by 40%. After the investment and installation process at its Ankara Akyurt facilities, the company’s total serum production capacity will increase by 20%.

Netaş Collaborates in Aviation Technology

Netaş partnered with TAAC Aviation Technologies to develop innovative solutions in the defense and aviation sector. The collaboration aims to increase the localization rate in the defense industry and provide strategic solutions to the sector.