Market Watch (Şeker Yatırım)

Outlook:
The BIST 100 Index started Thursday with a bullish trend, continued its upward move after June CPI data came in below expectations and tested 10,400 during the day. Despite facing profit taking at these levels, the Benchmark Index closed up by 0.39%. While the Banking Index fell by 0.70% the Industrial Index closed the day up 0.95%. Following the May inflation print, the fact that the June CPI data also remained below expectations strengthened conviction that the CBRT would start cutting interest rates at the July 24 MPC meeting. With the positive atmosphere maintained at the BIST the rise since the start of the week reached 8.76%. On the global side risk appetite was positive yesterday. Non-farm employment in the U.S. climbed by 147k in June, exceeding the expectation of 106k. Following this higher data performance, expectations of a Fed interest rate cut weakened, and the U.S. and European stock markets closed with increases. Markets will be closed in the U.S. today for Independence Day. Following President Trump’s announcement that he will send tariff-related letters to various countries on Friday, German futures indexes are observing a negative trend as of this morning, while Asian stock markets are generally downbeat. The VIOP-30 Index completed the evening session up 0.06%. Locally, we expect the Benchmark Index to start Friday flat and seek to continue its rise if any profit sales that may follow the rapid rise over recent days are met. SUPPORT: 10,100 - 10,000 RESISTANCE: 10,350 - 10,450.

Şeker Yatırım Menkul Değerler A.Ş.

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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.