The BIST100 Index started Monday on a positive trend, but failed to sustain its strength, fluctuating in the first half of the day and facing increasing sales pressure near the close. The Benchmark Index ended at 9,699.56, down 0.73%. The Industrial Index lost 0.04% and the Banking Index fell 2.22%. We think that pressure is felt more intensely among banking stocks with concern that foreign capital may reach the BIST later than expected after Fitch's evaluation, which fell short of market expectations. In the short term, the fluctuating and weak course of the BIST may continue due to the lack of supporting factors, and in light of recently-announced domestic macro data raising concerns over growth. While global markets started the week with an increase, the U.S. futures and German DAX futures were negative this morning, and Asian stock markets were mixed. We expect volatility and limited transaction volume ahead of the U.S. CPI data to be announced midweek. Locally, domestic industrial production (IP) data for July is out today. We estimate that the slowdown in IP will continue increasingly amid tight monetary policy and the negative cycle in the output gap. The VIOP30 Index ended the evening session up 0.40%. We expect the Benchmark Index to start Tuesday with reactionary purchases, and then continue its fluctuating course. SUPPORT: 9,500 - 9,400 RESISTANCE: 10,000 - 10,200.
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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.