Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Tuesday negatively, then followed a selling trend to close the day at 10,802.23, down 0.55%. While the Industrial Index lost 0.18%, the Banking Index diverged negatively, down 1.67%. Following the 11% increase recorded by the BIST within just two weeks, a rise in profit-taking was observed yesterday. After the close of yesterday's trading, we expect the news flows that 100 people, including Mayor of Istanbul and President of the Turkish Municipalities Union, Imamoğlu, were taken into custody this morning on corruption charges, to pressure the market. On the global front, the U.S. stock markets were selling yesterday, while European bourses were positive. Today, the markets will focus on the Fed's meeting, where the interest rate will likely be kept constant at 4.25-4.50% with a 99% probability. The Fed's projections for the U.S. economy will also be announced at this meeting. Possible revisions to the projections and Fed Chair Powell's speech will be closely monitored. In addition, Eurozone CPI figures will be announced. This morning, the U.S. futures, German DAX futures and Asian stock markets are on the rise ahead of the Fed meeting. The VIOP30 Index closed the evening session down 1.22%. Locally, we expect the Benchmark Index to start Wednesday negatively and follow a volatile course throughout the day. SUPPORT: 10,750 - 10,650 RESISTANCE: 10,900 - 11,000.


Şeker Yatırım Menkul Değerler A.Ş.

 www.sekeryatirim.com.tr

                                  ***
                               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.