Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Thursday on a positive trend, continued its rise with stronger purchases throughout the day, and closed at 9,054.18, up 3.54%. While purchases were widespread, the Banking Index rose 5.43% and the Industrial Index rose 3.00%. After the sharp and swift decline at the BIST reactionary purchases are observed. Rating Agency Fitch is set to publish its assessment of Türkiye this evening. The market expectation is that the outlook will be revised from stable to 'positive' with no rating change. We think that optimism in the market may continue ahead of the decision. However, factors such as uncertainty in the pre- and post-election period, inflation accounting, plus the rising attractiveness of deposit interest, which has caused a sharp decline in the index, persist. On the global front, yesterday's European Central Bank meeting and Fed Chairman Powell's mid-year presentation were followed. While the European Central Bank kept the interest rate constant, President Lagarde said that the data did not support an interest rate cut. On the other hand, Fed Chairman Powell's statement that an interest rate cut was not far away amid confidence that inflation is falling strengthened risk appetite in the markets. Major stock markets ended the day up yesterday, and optimistic pricing continues in Asian stock markets this morning. German DAX futures are positive, while the U.S. futures are mixed. Global markets will continue to find direction from data releases and statements from Fed members. U.S. non-farm payrolls data will be followed today. While the expectation is for a rise of 198k, a print above expectations may suppress risk appetite with the expectation that an interest rate cut is remote. Conversely, data weaker than expectations may support risk appetite. The VIOP30 Index ended the evening session up 0.10%. Locally, we expect the Benchmark Index to start Friday with a positive trend and continue its upward attempts if profit-taking on intraday rises is met. SUPPORT: 8,900 - 8,750 RESISTANCE: 9,250 - 9,400.

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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.