Market Watch (Şeker Yatırım)

Market Watch - Wednesday, April 9, 2025
Outlook:
The BIST100 Index started Tuesday on a positive trend. Yet, the benchmark index encountered sales in the second half of the day, sailing a fluctuating course to close at 9,477.14, up 0.74%. The Industrial Index gained 0.92% while the Banking Index decreased by 0.12%. After weakening global risk appetite at the start of the week, the BIST also saw reactionary purchases in parallel with the reactionary rise in global markets yesterday. Since local news flow was calm, we expect the BIST to continue moving in parallel with global markets. Yesterday, sales increased in the U.S. after Trump's statement that he would not abandon the tariffs. The indices closed with decreases of up to 2.1%. This morning, the U.S. futures and German DAX futures are trading negatively, down 2% and 4%, respectively. In Asia, China, which has requested a dispute consultation regarding the U.S.'s reciprocity-based tariffs from the World Trade Organization, is trading slightly positively, while other Asian stock markets are trading negatively. We expect statements regarding tariffs and possible retaliation to continue shaping risk appetite. The VIOP30 Index closed the evening session down 1.83%. Locally, we expect the Benchmark Index to start Wednesday negatively, and then follow a volatile course. SUPPORT: 9,400 - 9,300 RESISTANCE: 9,600 - 9,700.
Money Market:
The Lira was negative yesterday, weakening 0.02% against the USD to close at 38.0098. The currency also depreciated by 0.02% against a basket of $0.50 and €0.50. Meanwhile, the local fixed income markets were positive. The ten-year benchmark bond was traded within a range of 32.80%-32.91%, ending the day at a low of 32.80%, 30 bps below its previous closing.



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.