Market Watch (Şeker Yatırım)

The BIST100 started Monday on a positive trend and price gap. The Benchmark Index renewed a record at 6,018.29 to close at 6,015.29, up 4.45%. Stocks of high index weight and FX sensitivity, such as THYAO, TUPRS, EREGL, led the rise. The Industrial Index rose 4.09%, while the Banking Index diverged negatively, up 2.04%. The BIST tests new peaks in TRY terms with the end of election uncertainty and the new economic administration's soft transition to orthodox policies. Yet the Index remains close to its lows of the past 6 months in dollar terms on TRY depreciation. In terms of the BIST100, we expect the rise to continue in the short term, led by exporters and/or companies with high FX assets that benefit from the rise in exchange rates, as well as the ongoing negative real interest policy. In the medium term, the direction will become clear once the steps to be taken and the economic program are known. Risk appetite and uptrend are preserved in major global stock markets. While the U.S. and Asian Stock Markets, which traded for half a day yesterday, ended positively, a slight selling course was observed among the European bourses. The U.S. Stock Markets will be closed today to mark Independence Day. The U.S. futures and Asian Stock Markets are mixed this morning, while German DAX futures witness bullish trading. At close to 13, the VIX continues to point to low volatility and selling pressure in the U.S. indices. The strong course in global risk appetite is expected to be maintained unless weak data sets point to a recession. The VIOP-30 index closed the evening session up 0.30%. Locally, we expect the Benchmark Index to start Tuesday positively, with the uptrend sustained despite any intraday loss of momentum. SUPPORT: 5,951 - 5,874 RESISTANCE: 6,076 - 6,170.
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.