Market Watch (Şeker Yatırım)

The BIST100 Index started Monday on a positive trend, ending the day at 10,110.18, up 2.82%, amid increasing purchases led by banks throughout the day. While the Industrial Index gained 1.80% the Banking Index diverged positively, up 4.65%. The BIST continues its rise from the lows of early last week, and the expectations of a one-level rating increase from Fitch this Friday support the bourse. We think that the second quarter growth data announced yesterday at 2.5%, hence below expectations, supported the positive course of the BIST by increasing expectations that the results of tight monetary policy may occur earlier than expected. Inflation data for August will be announced today. The market expectation is that CPI will rise by 2.63% monthly and 52.2% annually in August. We expect monthly inflation of 2.45% and annual inflation of 51.96% in August. We foresee an inflation print below expectations supporting market momentum. On the global side, Asian stock markets were sold yesterday and European stock markets were mixed. The U.S. markets were closed for Labor Day. This morning, the U.S. futures, Asian stock markets and German DAX futures are on the decline. Despite occasional profit taking, we expect the rising trend in major stock markets to continue as long as soft landing and interest rate cut expectations remain. The VIOP30 Index ended the evening session up 0.16%. Locally, we expect the Benchmark Index to start Tuesday with an increase, and to continue its positive course throughout the day if profit sales are encountered. SUPPORT: 10,000 - 9,980 RESISTANCE: 10,200 - 10,400

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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.