Market Watch (Şeker Yatırım)

The BIST100 Index started Friday on a positive trend, although it fluctuated during the day, closing at 8,026.27, down 0.98%. The Industrial Index rose 0.43%, and the Banking Index diverged positively, up 3.20%. News that rating agency S&P had revised Turkey's credit rating outlook from stable to 'positive' was priced positively, led by banking stocks, on expectations that foreign interest may increase. On a weekly basis, the BIST100 rose by 0.83% and the Industrial Index by 1.10%, while the Banking Index continued its positive divergence, up 6.67%. While the transition to rational policies continues, expectations that foreign purchases, which are currently limited, will increase in the future, continue to support the BIST. However, the attractiveness of alternative income instruments rises, and higher stock loan interest rates may curb investor interest. In global markets, risk appetite remains strong with the expectation that the Fed's interest rate hikes are coming to an end. While the dollar is losing value, a positive picture is observed among risky assets and commodities. Last week, while the U.S. and European Stock Markets ended with increases, a mixed course was observed in Asian counterparts. And as we start the new week, Asian Stock Markets along with U.S. futures and German DAX futures are following a mixed course. On the macroeconomic data front, domestic price indices for November emerge announced today. Market expectations are that CPI will rise by 3.5% MoM and 62.32% YoY. As Seker Invest, we expect CPI to rise by 3.6% MoM and 62.4% YoY, slightly above market expectations. The VIOP-30 Index rounded off the Friday evening session up 0.06%. Locally, we expect the Benchmark Index to start Monday with an increase although intraday rises will prompt profit-taking at certain levels. SUPPORT: 7,960 - 7,900 RESISTANCE: 8,090 - 8,180.
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.