Outlook:
The BIST100 Index started Friday on a positive trend, followed a weak course for the rest of the day and closed at 10,851.78, down 0.19%. While the Industrial Index rose by 0.22%, the Banking Index decreased by 0.86%. On a weekly basis, the BIST100, Industrial Index, and Banking Index rose by 1.91%, 1.47%, and 2.80%, respectively. We think that if the rise above this level continues after exceeding 10,800, new historical peaks can be targeted at 11,000 and beyond. However, in case of possible pullbacks, the declines will likely be considered as buying opportunities due to the influence of positive expectations such as Moody's assessment on July 19. On the global side, while the U.S. stock markets continued their rise led by technology stocks, European bourses followed a fluctuating course due to the election agenda. A mixed picture is observed from data in Asia, and global risk appetite is showing regional changes. In the second round of the election in France yesterday, the left alliance came first, while the far right alliance, which won the first round, fell to third place. However, tentative results indicate that no party or alliance has achieved a majority. This morning, the U.S. futures, European futures and Asian stock markets are on the decline. We expect global risk appetite to remain guided by data. The VIOP30 Index completed the evening session up 0.02%. Locally, we expect the Benchmark Index to start Monday slightly positively, and to continue its rise later in the day if sales are encountered. SUPPORT: 10,800 - 10,600 RESISTANCE: 11,000 - 11,200.
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.