BIM Birlesik Magazalar
BIMASBIST
Product information
What is BIM Birlesik Magazalar (BIMAS)?
BIM Birlesik Magazalar A.S. is one of the companies representing in Turkey the hard-discount grocery model, which is based on a limited product range and a low-price policy. The Istanbul-based company began operating in 1995, and its shares trade on Borsa Istanbul under the ticker BIMAS. BIMAS stock is closely watched by investors seeking exposure to food retail.
Its stores sell staple foods, cleaning and personal care products alongside special-buy items that change every week, and private-label products take up a prominent place on the shelves. In addition to BIM stores in Turkey, the company's activities include the supermarket-format FILE chain and operations in Morocco and Egypt. Distribution centres and its own logistics network form the backbone of its low-cost operating model.
For retailers, like-for-like sales growth, gross margin, rent and staff costs, and the pace of new store openings are closely monitored. Food inflation, minimum wage adjustments and consumer spending trends directly affect the balance between BIM's costs and sales. On the Lzzo.com page you can find the BIMAS price chart, its RSI reading and moving averages.
Sources: bim.com.tr, wikidata.org
- Name
- BIM Birlesik Magazalar
- Symbol
- BIMAS
- Market
- Borsa Istanbul
What to look for in the technical analysis of BIM Birlesik Magazalar
Moving averages help assess the trend and RSI helps assess momentum. Indicators are calculated from real history; when there is not enough history or the required candle fields are missing, the indicator is not calculated. Past results do not guarantee future performance.
Technical indicators
Calculated from observed daily candles (at least 201 observations). No intraday indicators. Indicators are descriptive, not a buy/sell recommendation.
Investment Return CalculatorWith observed closes over the past year
Loading historical prices…