Market Watch (Şeker Yatırım)

The BIST100 Index started Wednesday on a positive trend, remained weak throughout the day and closed at 9,312.12, down 0.35%. As sales in stocks of high index weight such as TUPRS, TCELL, and EREGL dragged the Index down, the Banking Index lost 0.46% and the Industrial Index lost 1.1%. A loss of momentum is seen in the BIST100, which has achieved a 30% return in under two months. Factors such as uncertainty ahead of the election, limited upside potential for many stocks and indices, and more attractive deposits limit interest in the BIST. As such, we think that profit-taking may continue in the short term, and we expect the wavelengths to increase. However, as long as positive factors such as the stable implementation of rational policies, confidence in economic management and the decline in CDS remain in place in the medium term, sharp withdrawals will present buying opportunities. On the global front, yesterday's Fed minutes were followed. The opinion of Fed members that the early reduction of interest rates was a risk factor came to the fore, based on the latest data. Yesterday, the U.S. Stock Markets closed mixed. The balance sheet of chip manufacturer Nvidia exceeded expectations and increased global risk appetite. This morning, the U.S. futures, German DAX futures, and Asian Stock Markets are on the rise. In general, the markets will continue to find direction based upon emerging data and Fed statements. Domestically, the Central Bank's interest rate decision will be announced today. Both the market and our expectations are for no change in interest rates. In the details of the decision, explanations regarding the duration of the tight monetary stance and developments in inflation dynamics will be closely followed. The VIOP30 Index ended the evening session up 0.14%. Locally, the Benchmark Index seems set to start Thursday with a flat trend. We expect the uptrend to continue even if profit-taking is observed during the day. SUPPORT: 9,220 - 9,150 RESISTANCE: 9,400 - 9,500

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                               Yasal Uyarı
 
  Burada yer alan yatırım bilgi, yorum ve tavsiyeler yatırım danışmanlığı kapsamında değildir.Yatırım danışmanlığı hizmeti ; aracı kurumlar, portföy yönetim şirketleri, mevduat kabul etmeyen bankalar ile müşteri arasında imzalanacak yatırım danışmanlığı sözleşmesi çerçevesinde sunulmaktadır.Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanların kişisel görüşlerine dayanmaktadır.Bu görüşler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabılır.Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi beklentilerinize uygun sonuçlar doğurmayabilir.