Market Watch (Şeker Yatırım)

The BIST100 Index started Thursday on a positive trend but faced sales from the opening, closing at 9,936.76, down 0.48%. While the Industrial Index rose 0.35%, the Banking Index diverged negatively, down 0.94%. The Medium Term Program, which includes expectations for the years 2025-2027, was announced yesterday. While inflation expectations for 2024 and 2025 were revised upwards, growth expectations were revised downwards. These revisions did not provide the market with a supporting story for the BIST, which has been under a cloud of recession concerns lately. Today, international rating agency Fitch is expected to publish its assessment of Türkiye. The market expectation is that our credit rating from "B+ Positive" will be revised to "BB- Positive." Optimism towards the BIST may increase today ahead of the evaluation. On the global front, Asian stock markets were negative while the U.S. and European stock markets gave a mixed performance yesterday. This morning, the U.S. futures, German DAX futures and Asian stock markets are trading negatively. Today, global markets will follow the non-agricultural employment and unemployment rate data to be announced in the USA. We expect the data to impact on global risk appetite in terms of interest rate cut expectations. The VIOP30 Index closed the evening session down 0.11%. Locally, we expect the Benchmark Index to start Friday flat, and to attempt a rise during the day if sales are met. SUPPORT: 9,880 - 9,750 RESISTANCE: 10,000 - 10,200.

Şeker Yatırım Menkul Değerler A.Ş.

 www.sekeryatirim.com.tr

                                  ***
                               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.