Market Watch (Şeker Yatırım)

The BIST100 Index started Wednesday on a positive trend. Yet, despite an attempt to sustain its positive outlook the Benchmark Index ended at 9,031.82, down 2.18% with rising sales pressure towards the close. The Industrial Index fell 2.20% and the Banking Index lost 1.72%. Escalated tension between Russia and Ukraine in recent days has swiftly heightened selling pressure at the BIST. The Central Bank's interest rate decision will also be followed locally today. Both the market and our expectations are for no change in interest rates. The market will look for signals in the decision text as to when interest rate cuts may begin. If a signal is given for December, as in the presentation of the last inflation report, the markets will be positively affected. On the global front, European stock markets closed Wednesday with a decline on geopolitical tension, while most U.S. stock markets were positive. After the close of trading, the balance sheet of the U.S. chip manufacturer Nvidia failed to meet expectations. U.S. futures and German DAX futures were sold this morning, and Asian stock markets were mixed. Although geopolitical tension may cause volatility in the short term, the rising trend in major stock markets will continue as long as the expectation of global monetary loosening and economic recovery remains. The VIOP30 Index rose 0.25% in the evening session. Locally, we expect the Benchmark Index to start Thursday with reaction purchases, which if weak, will lead to continued selling pressure. SUPPORT: 8,900 - 8,800 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.