Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Thursday on a negative trend, yet closed the day at 7,528.57, up 0.19%. The Industrial Index lost 0.17% and the Banking Index fell 0.45%. Volatility continues at the BIST, fueled by geopolitical risk and the rise in deposit interest rates. The CBRT has made adjustments to required reserves this morning. We think that the steps taken towards normalization while increasing the reserve requirement for currency-protected deposits may support the BIST. In addition, the positive third quarter balance sheets may strengthen reactionary purchases in the event of a softening of geopolitical risk. However, selling pressure will continue if tension in the Middle East mounts and the risk of widespread conflict increases. In global markets the Fed has kept the interest rate within the range of 5.25-5.50%, in line with expectations. Chairman Powell said that the possibility of an interest rate rise at future meetings was on the table, depending on the data, but that they have made significant progress in tightening and are proceeding cautiously. Following the interest rate decision and announcements in line with expectations the U.S. Stock Markets ended yesterday up 1.6%. This morning, the U.S. futures, German DAX futures and Asian Stock Markets are positive. We expect economic data and geopolitical developments to continue shaping risk appetite. Domestically, the VIOP-30 Index closed the evening session up 0.58%. We expect the Benchmark Index to start Thursday with a positive trend and continue to fluctuate, with purchases leading to further selling. SUPPORT: 7,384 - 7,280 RESISTANCE: 7,603 - 7,740.


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

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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.



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