Market Watch (Şeker Yatırım)

The BIST100 Index started Thursday on a negative trend, but then rose above 5,000, closing at 4,896.07, down 0.95% on rising profit sales late in the day. While the Banking Index fell 3.12%, the Industrial Index lost 0.56%. In the domestic market, we think that the potential for increased returns in alternative channels may negatively impact the BIST, as the upper limit of the interest rate on Currency Protected Deposits has been removed. Despite a rise in reactionary purchases in the Index ahead of the election, we expect the volatile mood to persist on uncertainty over post-election economic policies. In addition, we think that newsflow on banking sector risk in global markets will increase volatility. For now the recovery in risk appetite in major global stock markets continues as worries over the banking crisis seem to have eased. Yesterday, stock markets in the USA, Europe and Asia ended the day on a rise. The U.S. and German DAX futures were also bullish this morning. The bullish trend is also dominant in Asian Stock Markets. The VIX dropped to 19, indicating that volatility in the U.S. Stock Markets is gradually decreasing. Today, on the global side, core personal consumption expenditures data in the USA will be followed, and may impact risk appetite. On the domestic side, the VIOP-30 Index closed the evening session up 0.21%. S&P is expected to publish its Türkiye assessment tonight. Locally, we expect the Benchmark Index to start Friday with a negative trend followed by continued selling pressure despite any reactionary purchases in the interim. SUPPORT: 4,840 - 4,770 RESISTANCE: 4,933 - 5,000.
Şeker Yatırım Menkul Değerler A.Ş.
www.sekeryatirim.com
 

                                  ***
                               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.