Conexio consulting

THE RISING TURKISH INDUSTRY SECTOR

The industrial production index rose by 1.3% on a monthly basis and 9% on an annual basis in December 2020. Turkey Statistical Institute (TSI), 2020 has announced the results of industrial production index for December.
Accordingly, when the sub-sectors of the industry are examined, the mining and quarrying sector index increased by 6%, the manufacturing industry sector index by 9.5% and the electricity, gas, steam and air conditioning production and distribution sector index increased by 4.9% in December 2020 compared to the same month of the previous year. .
In December 2020, the mining and quarrying sector index increased by 3.5% and the manufacturing industry sector index by 1.4% compared to the previous month, while the electricity, gas, steam and air conditioning production and distribution sector index decreased by 1.4%.
Technology companies on the stock exchange gained 91% in 2020. Aselsan is the company with the highest market value in the sector with 41 billion 610 million TL. Logo is following it with 3 billion 137 million. There are 19 companies in the IT sector among the companies traded on the stock exchange. The total market value of these 19 companies is 57 billion 884 million TL. In the sector, returns between 55% and 372% in 2020 have occurred. The only company share that lost value was Smartiks Yazılım. The sector, whose growth accelerated with the coronavirus epidemic in 2020, will be on the radar of investors in 2021. When we look at the developments, technology companies have also managed to continue their activities without interruption, despite being affected by the coronavirus epidemic. During this period, companies took actions to minimize the increase in investment expenditures and operational expenses. The technology sector, which closed the period positively, will continue its rising momentum in 2021 with the revival of economic activity.
With the recovery in economies, oil, iron and steel and mining companies are among the sectors that will stand out in 2021.
Brokerage houses, SME industrial companies were the highest earning sectors of this period. The period of abundant money and low interest has increased the interest in the markets. While the interest in the shares of the SME sector with low capital increased, the introduction of new investors to the stock market and the increase in online transactions brought the value increases in the stocks of brokerage houses to the top. Despite the pandemic, BIST SME Industry sector shares gained 290% in value. The brokerage houses index rose by 285%.
The tourism and travel sector is one of the sectors significantly affected by the pandemic that left its mark on 2020 all over the world. Studies have shown that 9 out of 10 people have a personal or touristic travel plan in 2021 after the pandemic. As a result of the measures taken with the new normal, buses and planes are mostly preferred in addition to personal vehicles. Travels delayed in 2020 can be expected to occur rapidly as of the second half of 2021.

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