Foreign Investors' Sales and Rising Stock: Gündoğdu Gıda

Foreign Investors' Share Sales

Foreign investors' sales in certain stocks have significant effects on market dynamics. Between October 16-23, foreign investors increased their stakes in a total of 15 stocks by 1.76%, while reducing their stakes in 10 stocks by 1.88%. This situation indicates potential notable changes in investor sentiment.

Despite Stock Decline, Gündoğdu Gıda’s Rise

Foreign funds significantly reduced their stake in Gündoğdu Gıda shares from 22.46% to 7.86%, leading to a substantial decrease. This drop corresponds to a total decline of 14.60 points. Nevertheless, during the same period, the stock price rose by 5.04%. This contradictory situation is attracting investor attention.

Market Activity and Contact Points

In the first half of the year, Gündoğdu Gıda reduced its sales, and although it reported losses at the year-end, the stock has been volatile since July, keeping investor interest alive. After the margin trading and short selling ban, the stock price rebounded from 115.70 TL. The major shareholder sold at 90 TL, while foreign investors were observed to be inclined to realize their profits.

The Rising Value of Safkar Ege Soğutmacılık and Dofer Yapı

On the other hand, foreigners decreased their stake in Safkar Ege Soğutmacılık shares by 4.8 points, which led to a rise in the stock price by 19.15%. The increased interest in the last three days has pushed the price up, although there have been no new developments regarding the firm. With this increase, the stock's P/E ratio is recorded at 57.97 and the P/B ratio at 5.33; these ratios indicate high expectations.

During the period from October 16-23, the most significant stake increase was in Dofer Yapı stock, with an increase of 5.33 points. Additionally, the shares of Oncosem also experienced an increase of 4.42 points during this period. The interest of foreign investors in these stocks emerges as an important factor influencing the general trends in the market.