Market Watch(Şeker Yatırım)

The BIST100 Index started Monday with limited purchases. The Benchmark Index followed a fluctuating course within a narrow band and low volume, closing at 5,022.79, down 0.21%. The Banking Index lost 0.73%, while the Industrial Index was up by a slender 0.48%. Election uncertainty and the expectation that orthodox policies may be adopted thereafter, plus the rise in deposit rates, including Currency Protected Deposits imply selling pressure for the BIST. In light of these, we expect purchases ahead of the election to prompt selling. The fluctuating course will continue within the broad band that the Index has seen since the start of the year. Incidentally, we expect stock and sector-based divergences to impact the market in the short term with the effect of the 1Q23 results season that started last week. In major global stock markets risk appetite has attempted a recovery, and the balance sheet season is also being followed. Yesterday, US indices and Asian Markets closed the day with a mixed performance while the European indices ended with a limited decrease. So long as economic data does not weaken we expect risk appetite to remain robust. In addition, we expect sales in major stock markets and risky assets to be limited and the uptrend to be preserved. This morning US and German DAX futures have traded amid selling and Asian indices are mixed. Yet, the VIX has regressed to 17, continuing to indicate eased selling pressure in the U.S. Stock Markets. Domestically, the VIOP-30 Index closed the evening session up by a limited 0.16%. We expect the Benchmark Index to start Tuesday slightly positively and thereafter pursue a volatile course, with any intraday gains presenting a selling opportunity. SUPPORT: 4,997- 4,913 RESISTANCE: 5,062 - 5,122.


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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.