Market Watch (Şeker Yatırım)

The BIST100 Index started Friday on a positive trend, going on to close at 10,138.97, down 1.37%. The Industrial Index fell 1.28% and the Banking Index lost 2.80%. On a weekly basis, the BIST100 lost 2.51%, the Industrial Index lost 2.40%, and the Banking Index diverged negatively, down 6.02%. While the negative correction continues at the BIST, sales are more severe among banking, aviation and holding stocks, which had led the Index rise of 20% over the 7 weeks following the election. While the short-term technical outlook indicates excessive selling in the BIST100 and certain other stocks, we expect reactionary purchases. On the global front, the U.S. non-farm employment data, out last Friday, printed above expectations, while the unemployment rate increased. After the data emerged, the U.S. and European Stock Markets closed with declines. On a weekly basis, major stock markets completed the week with increases of around 1%. This morning, the U.S. futures and Asian stock markets are mixed, while German DAX futures are on the sell side. Global risk appetite should continue finding direction from incoming data. The Fed meeting will be followed this Wednesday. On the macroeconomic data front, domestic balance of payments data and April's industrial production index are published today. The market expectation is for the current account balance to post a deficit of USD6.7bn. We expect a current account deficit of USD6.5bn. The VIOP30 Index completed the evening session up 0.30%. Locally, we expect the Benchmark Index to start Monday with reactionary purchases and follow a fluctuating course thereafter. SUPPORT: 10,100 - 10,000 RESISTANCE: 10,200 - 10,300.

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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.