Market Watch(Şeker Yatırım)

Outlook:
The BIST 100 Index started Thursday positively, remaining on that course to close at 10,608.26, up 0.54%. The Industrial Index rose 0.88% and the Banking Index gained 0.52%. At yesterday's MPC meeting the CBRT cut the policy rate by 100 bps from 40.5% to 39.5%, in line with expectations. The decision emphasized the slowdown in the disinflation process and highlighted risks to inflation expectations and pricing behavior. The stock market's reaction to the interest rate move was quite limited. There was no significant selling pressure or upward risk appetite on the benchmark index. According to the "Weekly Securities Statistics" published by the CBRT, non-residents sold a net USD178 million worth of stocks and purchased USD151.1 million worth of government domestic debt securities in the week ending October 17th. Globally, the U.S. and European stock markets closed positively, while Asian bourses saw a mixed trend. The VIOP near-term index contract followed a positive trend in the evening session, up 0.28%. As Friday begins, Asian stock markets are trending positively, influenced by news that President Trump and Chinese President Xi Jinping will meet in South Korea next week. US and European futures indices are also trading positively. Optimistic expectations for the Trump-Xi meeting have revived risk appetite in global stock markets. While the day's macroeconomic data agenda featured no major figures other than the Financial Services Confidence Index in Turkey, the PMI data to be released globally by S&P Global and the delayed September CPI data from the U.S. On Friday, all eyes in domestic markets are on judicial news. The fifth hearing of the lawsuit filed to annul the CHP's 38th Ordinary Congress, which has been a hot topic for months, will be held today at the Ankara 42nd Civil Court of First Instance. The critical hearing in the case, which includes a request for "absolute nullity," is expected to begin at 10:00 AM. The verdict from the hearing could trigger significant price movements in domestic markets today. Locally, we expect the Benchmark Index to start Friday on a positive trend supported by global sentiment, but to fluctuate thereafter, influenced by upcoming news flows. SUPPORT: 10,500 - 10,400 RESISTANCE: 10,700 - 10,800.

 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.