Market Watch (Şeker Yatırım)

The BIST 100 Index started the last trading day of the week with a decrease of up to 4%, witnessing reaction purchases at the end of the day. Yet the Benchmark Index closed at 9,311.88, down 2.19%. The Banking Index ended the day with a 0.82% loss, while the Industrial Index declined by 2.41%. On Friday, Israel's launch of a large-scale operation targeting Iran's nuclear program significantly increased geopolitical risk in the Middle East, negatively impacting market sentiment. As a result, heavy sell-offs occurred, and the BIST 100 Index posted a weekly decline of 1.84%. On a weekly basis, the Industrial Index fell by 2.55%, while the Banking Index stood out positively with a 1.81% gain. Global markets also faced selling pressure on Friday. U.S. and European stock markets ended the week with losses exceeding 1%. We expect short-term market volatility to persist due to the continuing retaliatory actions between Israel and Iran and mounting geopolitical risk. This week, in addition to developments in the Middle East, domestic markets will focus on the CBRT interest rate decision due on Thursday. The general expectation from the CBRT’s June meeting is that the policy rate will be kept unchanged at 46.00%. However, the messages delivered after the meeting will be key in determining market direction. This morning, global risk appetite is mixed due to the continued clashes between Israel and Iran pushing oil prices higher and increasing concerns over the global economy. U.S. futures are slightly positive, German DAX futures are showing minor losses, and Asian markets are trading mixed. The VIOP-30 Index ended Friday evening's session flat. We expect the BIST 100 Index to start Monday amid slight selling pressure and follow a volatile course thereafter.
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.