Market Watch (Şeker Yatırım)

Outlook:
 
The BIST 100 Index started Friday on a positive trend, testing above 10,000 at the opening. Yet the Benchmark Index failed to remain at these levels, weakening throughout the day to end at 9,900.25, down 0.76%. The Industrial Index fell 0.22% and the Banking Index lost 0.38%. On a weekly basis, the BIST100 increased by 2.22%, the Industrial Index increased by 0.96%, and the Banking Index diverged positively, up 4.75%. Despite the decreasing sales pressure at the BIST, the Index is having difficulty exceeding the 10,000 level. We think that negative factors such as the lack of a short-term story and the weakening of third quarter profit expectations, along with the economic slowdown limit the rises at thet BIST. However, although fluctuation may continue in the short term, we maintain our view that it is appropriate to consider withdrawals as buying opportunities due to the positive expectations of economic rebalancing in the medium-long term. On the international front, the global loosening theme has supported the pricing of risky assets as the Fed has started to reduce interest rates. Major stock markets gained an average of 1.5% last week. This morning, German DAX futures, U.S. futures and Asian stock markets continue to trend positively. We expect the rise to continue as macroeconomic data supports the soft landing theme in major stock markets. The VIOP30 Index completed the Friday evening session up 0.18%. Locally, we expect the Benchmark Index to start Monday with reaction purchases, and attempt a rise later in the day if selling pressure is met. SUPPORT: 9,850 - 9,750 RESISTANCE: 10,000 - 10,100.

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.