Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Monday on a positive trend, closing at 8,486.96, up 1.82%. While the Industrial Index rose by 0.77% the Banking Index continued its positive divergence, up 2.20%. The Index, which scaled historical highs yesterday and continued its rise with widespread purchases, is expected to continue its uptrend in the short term as 3rd quarter balance sheet expectations take shape. However, we think that the rise in deposit rates and stock loans may cause the Index to lose momentum and trigger profit sales. Global risk appetite remains weak. While rising bond interest rates pressure risky assets the U.S. futures, German DAX futures and Asian Stock Markets in general are on a downtrend this morning. In China markets are closed for local holidays. The VIX is near 17, and if it rises above 20 selling pressure will increase. We expect risk appetite to remain data driven. On the domestic macroeconomic data agenda, September price indices will be announced today. The market expectation is that CPI will rise by 4.8% monthly and 61.6% annually in October. As Seker Invest, we estimate inflation increasing by 4.6% monthly and 61.3% annually. The VIOP-30 Index ended the evening session flat. Locally, we expect the Benchmark Index to start the day with a positive trend. Any intraday retreats will present a buying opportunity whereby the uptrend will continue, testing new peaks. SUPPORT: 8,403 - 8,334 RESISTANCE: 8,544 - 8,656.

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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.