Market Watch (Şeker Yatırım)

Outlook:
The BIST 100 Index started Wednesday on a positive trend, but failed to maintain its buying momentum, closed the day at 10,058.47, down 0.40%, amid ongoing profit-taking. The Industrial Index fell by 0.64%, while the Banking Index dropped by 1.55%. As profit-taking continues across BIST, the Index is approaching its averages. Although profit-taking may persist for a while, we believe that due to interest rate cut expectations, the selling pressure will not be permanent, and pullbacks will be seen as buying opportunities. On the global front, yesterday’s U.S. CPI data was closely monitored. The data indicated a monthly increase of 0.3% and an annual rise of 2.7%, aligning with expectations. Risk appetite continued to strengthen with expectations of interest rate cuts in next week’s meeting. While the U.S. stock markets, except for the Dow Jones, rose yesterday, European markets also ended the day with gains. Ahead of today’s ECB’s interest rate decision, the U.S. futures and DAX futures were slightly bearish in the morning hours, whereas Asian markets displayed a bullish trend. The ECB is expected to continue rate cuts with a 25 bps reduction, and President Lagarde’s remarks following the meeting could have an impact on risk appetite. The VIOP30 Index recorded a 0.19% increase in the evening session. Locally, we expect the Benchmark Index to start the day with reaction purchases, and if profit-taking during the day is absorbed, it may continue its effort to rise. SUPPORT: 10,000 - 9,950 RESISTANCE: 10,150 - 10,250


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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.