Market Watch (Şeker Yatırım)

Outlook:
The BIST-100 Index started Friday on a positive trend. It then followed a fluctuating intraday course to close at 5,626.49, up 1.31% with purchases late in the day. Stocks of high index weight such as THYAO, KCHOL, and PGSUS supported the index rise, while the Banking Index diverged negatively, down 0.68%. On a weekly basis, the BIST-100 Index rose by 10%, while the Banking Index rose by 6.26% and the Industrial Index by 8.46%. Expectations that monetary and fiscal policies will normalize with the change in economic management continue to support Borsa İstanbul. Thus the rising trend continues with the expectation that the economic administration will adopt orthodox policies that will attract foreign capital. However, some factors that have contributed to the negative performance of the BIST since the start of the year remain valid. For this reason, while the uptrend continues after a strong short-term rise, it is expected to present a profit-taking opportunity, albeit limited. We think that the statements to be made and the steps to be taken in the coming period will guide the markets in the medium-long term. Meanwhile, risk appetite remains strong in major stock markets abroad. The meetings of the Fed and European Central Banks will be followed this week. The market expectation is for the Fed to keep interest rates constant. We expect the interest rate decision and announcements at subsequent meetings to impact risk appetite in the medium term. The major stock markets, which followed a volatile course last week, ended the week with a mixed outlook close to flat. The U.S. futures and German DAX futures have followed a positive course this morning, and Asian Stock Markets have started the new week with a positive mixed trend. The VIOP-30 index closed the Friday evening session up 0.09%. Locally, we expect the Benchmark Index to start the day with a limited negative trend, close to flat, and to experience profit sales, albeit limited, with possible rises leading to profit-taking. SUPPORT: 5.550 - 5.468 RESISTANCE: 5.652 - 5.705.

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.