Outlook:
The BIST100 Index started Tuesday on a positive trend, followed a fluctuating intraday course and closed at 10,446.24, up1.00%. While the Industrial Index rose 0.83% the Banking Index diverged positively, up 1.56%. Following sharp sales at the start of the week with the announcement that the next tax package might involve a study on the stock market, reactionary purchases were observed at the BIST yesterday. We think that the inclusion of the study on taxation of stock market income in the next package and the technical decline of the index to significant levels were effective in those purchases. On the global side, while the U.S. stock markets continued their rise led by technology stocks, European bourses continued their negative trend yesterday due to the election agenda. This morning, U.S. futures are negative and German DAX futures and Asian stock markets in general are positive. We expect risk appetite to be guided by data and the election story in Europe, and to continue showing regional changes in this period. Turkey's inflation data for June will be announced today. The market expectation is that CPI will rise by 2.2% monthly and 72.61% annually in June. We expect inflation of 2.4% monthly and 72.86% annually in June. The VIOP30 Index ended the evening session up 0.06%. Locally, we expect the Benchmark Index to start Wednesday with reactionary purchases, and to continue its rise in the event of sales during the rest of the day. SUPPORT: 10,400 - 10,250 RESISTANCE: 10,500 - 10,600.
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.