Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Tuesday on a negative trend but attempted a recovery during the day, peaking at a historical high of 6,076.72. The Benchmark Index closed at 6,003.90 down 0.19% on rising profit sales late in the day. While the Banking Index diverged positively, up 2.16%, the Industrial Index lost 0.47%. We consider it normal to realize profit at certain levels, as the BIST has achieved a rapid and sharp rise within a short time. However, we expect the negative real interest rate policy to remain supportive of the BIST during the gradual normalization period. The appreciation led by exporters and/or companies with high FX assets that are positively affected by the rise in exchange rates will continue in the short term, even if profit-taking is observed. In the medium term, direction will become clear once the steps to be taken are known and the economic program is announced. In major global stock markets risk appetite is seeking direction based on incoming data. U.S. and German DAX futures are trading negatively this morning, and Asian Stocks Markets are down on weak PMI data. Today, PMI data will be followed in the Euro Zone. Global risk appetite is likely to be maintained unless weak data points to a recession. Nearing 13, the VIX continues to indicate low volatility and selling pressure in the U.S. Stock Markets. Domestically, price indices for June will be announced today. The market expectation is for a CPI rise of 4.03% monthly and 38.35% annually in June. As Seker Invest, we expect monthly inflation of 3.85% and annual inflation of 38.1%, slightly below market expectations. The VIOP-30 index closed the evening session down 0.13%. Locally, we expect the Benchmark Index to start the day positively, but with rises presenting profit-taking opportunities. SUPPORT: 5,951 - 5,867 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.



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