Adese Gayrimenkul gained 859% in value on the stock exchange.

Prominent Performance in the Service Sector

The BIST Service Index of Borsa Istanbul has shown an increase of 13.68% over the past six months, during which ten stocks experienced a decline of over 15%. However, more notably, ten stocks have increased by over 116%, with one of them experiencing a staggering 859% rise in value.

Rapidly Growing Value of Adese Gayrimenkul

The stunning 859% increase was achieved by Adese Gayrimenkul. Following the title change it underwent in 2021, the company shifted its focus to real estate, successfully signaling positive prospects to its investors. Particularly, the Zermeram Project has been a crucial step supporting the company’s revenue growth. Additionally, the 400% capital increase without charge has strengthened the company’s financial structure and provided an extra opportunity for investors.

Tera Portföy's Strategy

In the last month, strong purchases made through the TLY fund managed by Tera Portföy have increased the volatility of Adese Gayrimenkul's stock price. Investors' interest fuels their belief in the company’s potential growth, triggering activity in the stock market.

Biggest Decliner: Tureks Tourism

The stock that lost the most value in the last six months, at 80.11%, was Tureks Tourism Transportation. The company peaked at 50.95 TL in May but then entered a rapid decline. With purchases from the Z30KE.F and Z30KP.F funds managed by Ziraat Portföy, it drew the attention of investors.

Having reported losses last year, the firm continued to face financial losses in the first half of 2023. However, the stock price, which was 3.79 TL on May 2, rose to as high as 32.90 TL in August before facing a sell-off. While profit realization has come to the forefront during this process, it maintained its position as the second most appreciated stock in the last six months.