Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Friday on a positive trend, yet went on to close at 10,218.58, down 0.49%. While the Industrial Index shed 0.40%, the Banking Index lost 1.91%. On a weekly basis, the BIST100 lost 0.57%, The Industrial Index declined 1.48% and the Banking Index decreased 0.91%. While medium and long-term positive expectations for the BIST are maintained, we expect continued weak momentum in the absence of expectations that could provide a short-term driving force. However, we maintain our view that as long as rational policies continue, so too, will foreign investor interest, with any declines presenting buying opportunities. On the global side, major stock markets completed the week with increases as interest rate cut expectations strengthened. Asian Stock Markets have a mixed outlook while the U.S. futures and German DAX futures are positive this morning. We think that global risk appetite will continue to find direction from incoming data and balance sheets. The U.S. CPI data to be announced on Wednesday will be important. On the domestic macroeconomic agenda, balance of payments statistics for March will be published today. While the market expectation is that the Current Account Balance will post a deficit of USD 3.9bn, our expectation is for a current account deficit of USD 3.75bn. The VIOP30 Index ended the Friday evening session flat. Locally, we expect the Benchmark Index to start Monday with a limited negative trend and follow a fluctuating course throughout the rest of the day. SUPPORT: 10,100 - 10,000 RESISTANCE: 10,400 - 10,500.

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.