Market Watch (Şeker Yatırım)

The BIST100 Index started Friday flat, weakened with sales from the opening and closed at 9,668.10, down 2.55%. The Industrial Index lost 2.34% and the Banking Index fell 2.90%. On a weekly basis, the BIST100 decreased by 1.57% carrying its series of declines to the 5th week, while the Industrial Index lost 2.01% and the Banking Index diverged positively, up 2.01%. News that Minister of Treasury and Finance Simsek resigned last Friday caused an increase in sales pressure at the BIST. Yet he denied the news in a statement on Friday evening. We think that the BIST may recover today depending on the news flow, but that short-term fluctuation will continue due to the lack of stories. The recovery trend in global markets continued last week. Major stock exchanges completed the week with an average gain of over 1% to reach pre-correction levels. Speaking at the Jackson Hole symposium, Fed Chairman Powell said that it was time to adjust monetary policy, opening the door to an interest rate cut at the September meeting. This morning, the U.S. futures, German DAX futures and Asian stock markets in general are on a downtrend. As long as interest rate cut expectations are maintained, we expect the rising trend in major stock markets to continue. Today the U.K. stock market will be closed for a holiday. The VIOP30 Index completed the Friday evening session up 0.83%. Locally, we expect the Benchmark Index to start Monday with reactionary purchases, and to continue its fluctuating course throughout the rest of the day. SUPPORT: 9,500 - 9,355 RESISTANCE: 9,750 - 10,000.


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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.