Market Watch (Şeker Yatırım)

Outlook:
The BIST100 index started Friday on a positive trend, closing the day at 7,716.67, up 3.00% with strong purchases in the second half, despite facing intraday sales. Fluctuation in the markets continued after the surprise interest rate hike from the CBRT. Exchange rates recovered most of the sharp pullback caused by the rate hike. On the BIST side, the Benchmark Index continued to rise with stock- and sector-based divergences. We expect the Index to continue its uptrend in the medium term with the continuation of foreign interest amid the transition to rational policies. In the short term, we expect the Index to fluctuate within a band for some time yet, with rises viewed as an opportunity for profit-taking in the wake of the 2Q results season. In turn, unless there are sharp increases in deposit rates after the CBRT interest rate decision and the change in currency protected deposits, the uptrend should continue in the medium term as buying opportunities emerge. While global risk appetite has been weak for some time, global markets, especially the U.S. Stock Markets, ended Friday with limited increases. There is a reactionary rise in evidence in major stock markets, and yet the fluctuating, weak course will likely continue for the short term. Relative to the BIST's Friday closing, the U.S. and German Dax futures were up 0.7%-1.1%. The VIOP-30 Index closed the Friday evening session with a limited pullback of 0.14%. With certain decisions taken to support the weak stock market in China, Asian Stock Markets have started the new week with buyers. Locally, the Benchmark Index is expected to start Monday on a positive trajectory and continue its uptrend throughout the day. The Index seems set to fluctuate according to stock/sector-based divergences with rises inviting profit-taking. SUPPORT: 7,615 - 7,476 RESISTANCE: 7,832 - 7,903.

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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.