Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Wednesday with a price gap and an uptrend, later closing at 9,916.22, up 2.52%, driven by sustained buying throughout the session. The Industrial Index gained 1.18%, while the Banking Index recorded a significant 6.47% increase. Expectations that the 30% minimum wage hike for 2025 would ease the CBRT's efforts in fighting inflation and implementing interest rate cuts supported the BIST yesterday, led by banking stocks. Today, markets focus on the CBRT's interest rate decision. Market expectations suggest a rate cut in the range of 100-250 bps. We anticipate a 200 bps cut. The CBRT's rate cut decision, the details of the accompanying statement, and its forward guidance will likely influence the pricing of TRY-based assets, particularly at the BIST. Additionally, the CBRT released its 2025 Monetary Policy Report midweek, announcing that it would hold 8 meetings instead of 12 in 2025 under the new schedule. The CBRT also plans to terminate the FX-protected deposit scheme (KKM) during the year. On the global front, the U.S. and European markets, along with futures indices, remained closed yesterday for the Christmas holiday. Today, European markets remain closed today. As of this morning, U.S. futures are trading positively, led by the Nasdaq, while Asian markets are showing mixed trends. The VIOP30 Index rose by 0.64% in the evening session, reflecting continued interest in the BIST. Locally, we expect the Benchmark Index to start Thursday positively and, provided profit-taking is absorbed, to maintain its uptrend throughout the day. SUPPORT: 9,850 - 9,750 RESISTANCE: 10,000 - 10,150.


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.