Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Friday on a positive trend, fluctuated throughout the day and closed at 7,628.73, up 1.07%. The Banking Index gained 0.90% and the Industrial Index rose 0.86%. On a weekly basis, the BIST100 gained 2.12%, where the Banking index rose 0.83%, and the Industrial index rose 1.74%. Despite positive catalysts such as the high return potential of alternative capital market instruments, the rise in stock loan interest rates and the decrease in the country risk premium on concerns over inflation accounting, and foreign purchases, the weak outlook for the BIST persists. Reactionary rises in the Index are expected to continue, yet we expect the fluctuating course within a wide band to persist for a while yet, with rises presenting a selling opportunity. In global markets risk appetite weakened last week on concerns that March may not see an interest rate cut after Fed meeting minutes emerged. However, following Friday's non-farm employment data on Friday, risk appetite recovered slightly and the U.S. Stock Markets closed positively. This morning, the U.S. futures and German DAX futures are slightly negative, while Asian Stock Markets follow a mixed course. As long as interest rate cut expectations are maintained in major global stock markets the rising trend will be maintained with declines yielding buying opportunities. The VIOP-30 Index ended Friday's evening session flat. Locally, we expect the Benchmark Index to start the week with a positive trend. Despite any retreats, the rising trend will prevail. SUPPORT: 7,580 - 7,470 RESISTANCE: 7,712 - 7,795.

Şeker Yatırım Menkul Değerler A.Ş.
www.sekeryatirim.com
 

                                  ***
                               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.