Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Tuesday with buyers. The Benchmark Index then declined amid afternoon sales to close at 4,891.01, down 2.62%. The Banking Index lost 2.78% and the Industrial Index 2.27%. Election uncertainty and the expectation that orthodox policies may be adopted thereafter, plus the rise in deposit rates, including Currency Protected Deposits imply selling pressure for the BIST. In light of these, we expect purchases ahead of the election to prompt selling. The fluctuating course will continue within the broad band the Index has seen since the start of the year. We expect stock and sector-based divergences to impact the market in the short term with the effect of the 1Q23 results season that began last week. In major global stock markets, too, the balance sheet season is being followed. Results from banks in the USA, which indicate that deposits have decreased, have curbed risk appetite whereby US Stock Markets ended the day down 1.98%. Meanwhile, the VIX rise to 19 indicates heightened selling pressure in those Stock Markets. This morning US futures and Asian Indices are trading with buyers and German DAX futures have traded amid selling. Domestically, the VIOP-30 Index closed the evening session down by a limited 0.20%. We expect the Benchmark Index to start Wednesday negatively and thereafter pursue a volatile course, with any intraday gains presenting a selling opportunity. SUPPORT: 4,866- 4,772 RESISTANCE: 4,956 - 5,047.

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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.