Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Friday on a slightly positive trend but failed to maintain its strength, weakening to close at 9,724.50, down 0.42%. The Industrial Index lost 0.24% and the Banking Index fell 0.53%. On a weekly basis, the BIST100 Index decreased by 3.96%, the Industrial Index by 3.79%, and the Banking Index by 4.0%. Profit sales at the BIST that had started at around 10,250 the previous week, continued last week. While risk appetite weakened due to expectations of interest rates not being cut as quickly as expected after the Fed meeting, global sales also reflected in the domestic market. Thus, the BIST fell by over 5% from close to 10,250. Despite the weakening momentum expectations of interest rate cuts starting at this week's CBRT meeting may support the BIST and alleviate the selling pressure. Global markets followed US core personal consumption data, considered an inflation indicator, on Friday. The data indicated an increase of 2.8% on an annual basis, thus slightly below the 2.9% expectation. The U.S. stock markets closed Friday with gains of over 1%. On a weekly basis, as the hawkish stance at the Fed and BoE meetings suppressed global risk appetite major stock markets fell by an average of 3%. This morning, the U.S. futures, German DAX futures, and Asian stock markets in general are trading positively. Today, global markets will follow U.K. 3rd Quarter final growth data. The VIOP30 Index completed the Friday evening session up 0.41%. Locally, we expect the Benchmark Index to start Monday with reaction purchases and continue its fluctuating course should intraday selling pressure increase. SUPPORT: 9,650 - 9,500 RESISTANCE: 9,850 - 9,950.


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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.