Market Watch (Şeker Yatırım)

The BIST100 Index started Thursday with a slightly positive trend, fluctuated throughout the day and closed at 8,218.74, slightly up by 0.06%. The Industrial Index lost 0.92% while the Banking Index gained 0.93%. We expect high volatility to continue until the 3Q23 expectations emerge, and meanwhile profit sales may continue in the short term. Also we expect rising deposit rates and stock loan rates to cause a loss of momentum at the BIST. That being said, any sharp withdrawals should present buying opportunities as the high inflation and negative real interest environment persists and the economic management continues the transition to orthodox policies amid normalization. On the global front, risk appetite strengthened thanks to weaker than expected US 2nd quarter final growth data and dovish statements from Fed members. Yesterday, US indices and European markets ended the day on a positive trend. This morning, US futures have observed a mixed course, and German DAX futures and most Asian indices have traded with buyers. In China markets are closed for the local holiday. The VIX index is trading at 17, and a rise above 20 would see heightened selling pressure in US markets. Today the markets await Eurozone CPI data, which may impact risk appetite. Locally, the VIOP-30 Index ended the evening session up 0.21%. The Benchmark Index is expected to start Friday positively, with any profit-taking in turn presenting a buying opportunity. SUPPORT: 8,187 - 8,127 RESISTANCE: 8,288 - 8,404.
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.