Market Watch(Şeker Yatırım)

The BIST-100 Index started Friday on a negative trend, retraced its losses and closed a fluctuating day at 5,454.79, up 0.14%. The BIST-100 ended the week up 4.61%, while the Banking Index gained 3.26% and the Industrial Index 5.05%. Despite somewhat weakened global risk appetite, risk appetite remains strong with the expectation that the Fed would continue to raise interest rates after strong US data. Major stock markets ended the week with a general rise, excluding the U.S. Stock Markets. In the short term, year-end fluctuations may occur in global stock markets. However, regardless of weakened risk-taking appetite, this should not turn into risk aversion in the short term. The VIX Index tested under 20 during the week, rising again to 24. As the Index ended the week below 21, it is expected that the volatile course of the U.S. Stock Markets will continue during the week, albeit to a limited degree, unless the Index falls below 20. Locally, we note profit sales in parallel with the decline in certain stocks of high index weight. Yet the Benchmark Index maintains its strong outlook, recovering its losses. As the Index rally seems to be losing momentum, we think that the risk of profit sales, albeit short-lived, has increased. For this reason, even if the Index uptrend continues, it can present a brief selling opportunity. The Index is expected to continue its uptrend until the next results season arrives. The U.K., German and U.S. markets will be closed today. U.S. and Germany futures closed Friday with 0.5%-1.0% gains, relative to the BIST close. Asian Stock Markets have started the new week with a general rise. Locally, the Benchmark Index is expected to start off with a positive trend. And while its uptrend continues, profit-taking will be likely. SUPPORT: 5,370 - 5,300 RESISTANCE: 5,525 - 5,595.
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.