Market Watch (Şeker Yatırım)

The BIST100 Index started Thursday on a positive trend, closing the day at 8,169.89, up 0.98%. While the Industrial Index rose 2.12%, the Banking Index diverged negatively, down 0.40%. At yesterday's MPC meeting the CBRT raised the policy rate by 250 bps to 45.00%, in line with market expectations. In the decision text, it was stated that the required level of tightness was reached, but that monetary tightness would be reviewed if there were significant risks to the inflation outlook. With banking stocks priced positively ahead of the CBRT decision, there was a subsequent sale in those stocks. The expectation that a new practice will be introduced to keep credit card interest rates constant despite the interest rate increase, and to prevent the loosening of deposit interest rates, may have been effective in the sale of banking stocks. We think that banking stocks will be positively affected by the transition to rational policies in the medium term, although regulations will also be closely monitored. We have a positive short-term outlook for the BIST given a positive reflection of the interest in EMs due to the strengthening of global risk appetite in the medium term. With the rise in the index gained strength with the acceptance of Sweden's NATO membership by the Turkish Grand National Assembly, and amid positive expectations of better relations with the USA, the index ended the correction process of the past three months, resuming an uptrend. The strong continuation of foreign purchases at the BIST also supports the upward index trend. While there are profit sales in the index due to positive expectations and the expectation that foreign inflows will continue, the uptrend is expected to continue, albeit with low momentum. In global markets, risk appetite remains strong. Yesterday, the 4th quarter data in the USA printed better than expectations. Positive data supports risk appetite, led by the U.S. Stock Markets. While the U.S. and European Stock Markets ended Thursday with gains, the U.S. futures and German DAX futures are showing a limited negative trend this morning. There is a bearish trend among Asian Stock Markets. There will be profit-taking in major stock markets and among risky assets in the short term. Yet we think that the uptrend will be maintained with declines offering buying opportunities. The VIOP30 Index completed the evening session up 0.08%. Locally, we expect the Benchmark Index to start Friday positively and continue it's uptrend, despite any intraday retreats. SUPPORT: 8,145 - 8,070 RESISTANCE: 8,252 - 8,330

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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.