Market Watch (Şeker Yatırım)

Outlook:
 
The BIST100 Index started Wednesday flat and followed a fluctuating intraday course between 10,120-10,240. The Index closed at 10,158.63, down 0.15%. While the Industrial Index lost 0.53%, the Banking Index rose 0.05%. Amid weakened momentum at the BIST, sales remain limited. The volatile weak course may continue since there are no significant short-term expectations. However, we expect the direction of banking stocks to continue guiding the overall Index. We maintain our view that as long as rational policies remain implemented in the medium-long term, possible withdrawals will be considered as buying opportunities. Scoping U.S. CPI data midweek, the U.S. Stock Markets ended the day with increases of up to 1.4% as the monthly print was slightly better than expected. This morning, the U.S. futures, German DAX futures and Asian Stock Markets continue their positive trend. The VIX Index fell to around 12 on rising risk appetite. We expect global risk appetite to continue finding direction from incoming data. It will maintain its strength in parallel with mounting interest rate cut expectations. The VIOP30 Index ended the evening session down 0.17%. Locally, we expect the Benchmark Index to start Thursday positively and continue its volatile course throughout the rest of the day. SUPPORT: 10,000 - 9,850 RESISTANCE: 10,300 - 10,400.
Money Market:
The Lira was positive yesterday, gaining 0.15% against the USD to close at 32.2179. The currency also depreciated by 0.10% against a basket of $0.50 and €0.50. Meanwhile, the local fixed income markets were negative. The ten-year benchmark bond yield fluctuated between a range of 27.28%-27.67%, closing the day at 27.36%, up 12 bps from the previous close.


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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.