Market Watch (Şeker Yatırım)

The BIST100 Index started Wednesday on a negative trend, tested 8,779, but strengthened with purchases towards the close, ending the day at 8,956.03, up 1.08%. The Industrial Index rose by 0.99%, while the Banking Index gained 0.36%. On the domestic front, the CBRT’s interest rate decision is out today. Both the market and our expectations are for no change in interest rates. Developments regarding the economic outlook, recent inflation trends, and macro projections will be monitored in the decision statement. In the previous statement, the reference to tightening monetary policy in the event of rising inflation was removed, leading to market expectations that further rate hikes are no longer on the table. Any guidance on interest rates within the statement will likely trigger market movements. Globally, while the U.S. stock markets closed higher yesterday, European markets ended with losses. This morning, most Asian markets, along with U.S. and German DAX futures, are showing a bearish trend. Today, global markets will focus on the ECB meeting, where a 25 bps rate cut is expected, plus ECB President Lagarde’s remarks, and the U.S. industrial production figures. We anticipate that markets finding direction in line with these data releases. As long as expectations for a soft landing and monetary easing are maintained, global risk appetite is expected to remain strong. The VIOP30 Index recorded a 0.35% decline in the evening session. Locally, we expect the Benchmark Index to start Thursday flat, and if profit-taking is met with buying support, to continue its upward efforts. SUPPORT: 8,850 - 8,750 RESISTANCE: 9,100 - 9,200.

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.