Market Watch (Şeker Yatırım)

The BIST100 Index started Thursday on a positive trend, peaked at a record 9,406, and then weakened with sales led by banks after the CBRT interest rate decision. The Index closed at 9,347.17, up 0.38%. While the Banking Index lost 1.38%, the Industrial Index gained 0.95%. At yesterday's CBRT meeting the policy rate was kept constant at 45% as expectated, although there were important changes in the decision text. Emphasizing the real appreciation of the TL, it was stated that monetary tightness would be increased in case of risks to disinflation. While banks were on a downtrend following the decision no deterioration was observed in the general market outlook. We believe that banks may have been negatively affected by expressions of discomfort with the decline in deposit interest rates. Across the BIST the rising trend continues despite the loss of momentum in recent days. However, we maintain our view that profit may be realized in the short term due to factors such as pre-election uncertainty, and concerns over inflation accounting and limited upward potential. For the medium term, we expect sharp withdrawals to present buying opportunities as long as positive factors such as the stable implementation of rational policies, confidence in economic management, and the decline in CDS prevail. On the global front risk appetite remained strong yesterday after Nvidia's balance sheet announcement. Major stock markets closed with rises of up to 3%. The positive atmosphere continues this morning. The U.S. futures, German DAX futures, and Asian Stock Markets continue to rise. In general, we foresee the markets continuing to find direction from data and Fed statements. The VIOP30 Index ended the evening session up 0.31%. Locally, the Benchmark Index is expected to start Friday with a limited positive trend, likely to continue regardless of any intraday profit-taking. SUPPORT: 9,220 - 9,150 RESISTANCE: 9,400 - 9,500.

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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.