Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Friday flat and completed the day at 8,908.47, up 0.40%, with increasing purchases towards the close. The Industrial Index gained 0.55% and the Banking Index rose 0.40%. On a weekly basis, the BIST100 Index gained 1.31% for the first time in four weeks. While the Industrial Index gained 1.40%, the Banking Index diverged negatively, down 0.34%. We think that the statement of Treasury and Finance Minister Simsek that they are considering lifting the short selling ban on the BIST50 supported the BIST on Friday. In addition, there may be interest in the BIST due to negative factors such as weak profit expectations for the third quarter and postponement of interest rate cut expectations, as well as the potential increase in many stocks compared to target prices, rising well above the deposit/money market fund return. While the U.S. bourses gained slightly last week, European stock markets lost an average of 1% of their value. Asian stock markets lost an average of 1.5% in value. We expect global risk appetite to remain strong as long as the inflation rate decline and interest rate cut environment is maintained. While the trend of switching to cash is increasing ahead of November's U.S. Presidential election, the tendency towards risky assets may increase post election. This morning, Asian stock markets, U.S. futures and German DAX futures are priced positively. The VIOP30 Index gained 1.45% in the evening session. Locally, we expect the Benchmark Index to start the half-trading day in an upward direction with reaction purchases, and to continue rising thereafter if profit sales are met with purchases. SUPPORT: 8,850 - 8,750 RESISTANCE: 9,000 - 9,200.


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.