Market Watch (Şeker Yatırım)

Outlook:
The BIST 100 Index started Friday on a negative trend, ultimately closing the day at 8,464.93, down 0.27%. The Industrial Index decreased by 0.07% and the Banking Index lost 1.32%. On a weekly basis, the Benchmark Index gained 1.56%, the Industrial Index rose 1.33%, and the Banking Index climbed 0.51%. Rising geopolitical risk following the attacks in Israel over the weekend, especially the rise in oil prices, may cause short-term fluctuations in domestic and foreign markets. However, as we are approaching the balance sheet period, the uptrend will likely be used as a buying opportunity, marking an attempt to maintain the uptrend. Yet, the tendency for geopolitical risk to spread and the sharp sales in foreign markets may lead to increased domestic sell-pressure. On the global front risk appetite remains weak. September on-farm employment data announced in the USA on Friday rose by 336k MoM, exceeding the anticipated 170k. The data strengthens the expectation that the Fed will continue to increase interest rates. While U.S. Stock Markets ended last week with a mixed outlook, European Stock Markets recorded declines of over 1%. This morning, the U.S. futures, German DAX futures, and Asian Stock Markets in general are on a downtrend. We expect geopolitical developments to impact risk appetite both domestically and abroad. The VIOP-30 Index closed the evening session up 0.28%. Locally, we expect the Benchmark Index to start the day with a negative trend although the overall uptrend will likely be maintained as declines present buying opportunities. SUPPORT: 8,397 - 8,330 RESISTANCE: 8,517 - 8,635.

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.