Market Watch (Şeker Yatırım)

The BIST100 Index started Wednesday flat, continued its fluctuating and weak course, and ended the day at 6,743.86, up 2.10%. The Industrial Index rose 2.42%, while the Banking Index diverged negatively, down 1.32%. We think that factors such as the gradual normalization of economic policies, continued negative real interest rate policy, and foreign inflows support the BIST. And since we are in the balance sheet period, the positive picture at the BIST will continue in the short term due to share-based divergences. Today, the CBRT will publish the third inflation report of the year, with a presentation by CBRT Chairperson Hafize Gaye Erkan. Erkan will make a press statement for the first time since being appointed chairperson. We will monitor the effect of the macroprudential measures, the simplification policy and liquidity management, and tight monetary policy on the inflation forecast. We anticipate that Erkan's verbal guidance may also impact TRY-based assets. In major global stock markets the Fed meeting was followed yesterday. At the meeting, interest rates were increased by 25 bps in line with expectations. Speaking after the meeting, President Powell reiterated that the interest rate decision at upcoming meetings would reflect the data, and that this year, a rate cut is not on the table. As Powell's statements limited risk appetite weak sales were observed in the indices. Markets are less likely to see rate hikes at upcoming meetings. The U.S., German DAX futures and Asian Stock Markets excluding the Dow Jones are all positive this morning. The VIOP-30 index closed the evening session down 0.18%. Locally, we expect the Benchmark Index to start the day positively and the uptrend to continue throughout the day. The volatile course will likely continue with rises prompting profit sales. SUPPORT: 6,670 - 6,626 RESISTANCE: 6,809 - 6,880.

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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.