Market Watch(Şeker Yatırım)

The BIST100 Index started Monday on a positive trend, yet closed at 5,323.19 down 1.14%, with sales led by banks and spreading worldwide. After profit realization among banking stocks, which observed a rapid short-term rise, the Banking Index diverged negatively, down 4.36%, while the Industrial Index remained flat. While we believe that profit realization may continue in the short term, we maintain our positive expectation for the medium term. We expect the latest measures and supports given to the stock market to prop up trading. Yet share- and sector-based divergences will continue amid quarterly results and post-earthquake expectations. Political developments and statements ahead of the May 14 election will increase volatility. Meanwhile, mounting risks for the banking sector, led by the U.S. SVB, with the rise in bond yields, continue to pressure risk appetite. A selling trend in the USA was observed yesterday, excluding the Nasdaq. While sales in European Stock Markets reached 3%, Asian Stock Markets maintained their positive trend. This morning, U.S. and German DAX futures were slightly positive, while Asian Stock Markets are on a bullish course. The VIX has scaled 26, indicating that selling pressure in the U.S. Stock Markets may continue in the short term. As expectations of a sharp interest rate hike from the Fed have decreased since the US bond rate crisis, the markets will turn to local CPI data today. On the domestic front the VIOP-30 Index closed the evening session on a slender decline of 0.09%. Locally, we expect the Benchmark Index to start Tuesday somewhat negatively, then maintain a fluctuating intraday course. SUPPORT: 5,265 - 5,175 RESISTANCE: 5,377 - 5,440.
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.