Market Watch (Şeker Yatırım)

The BIST 100 Index started Friday on a negative trend, and closed the day at 7,510.68, down 3.33%. Industrial & Banking Index declined by 3.42%, and 4.36%, respectively. On a weekly basis, BIST100 decreased by 7.43%, Industrial Index decreased by 8.63% and Banking Index decreased by 7.29%. In addition to increasing geopolitical risks abroad, rising deposit rates in the country and the involvement of foreigners in the sales side also contributed to the sales pressure. We expect news flows regarding geopolitical risks to continue to have an impact on BIST in the short term, but we expect stock-based movements to come to the fore and balancing efforts to be seen due to the start of the balance sheet season in BIST, which has retreated more than 11% in the last ten days. On the global side, the Israel-Hamas tension and the expectation that central banks, especially the Fed, will keep interest rates at high levels for a long time weaken the risk appetite. Major stock markets closed last week with declines ranging between 1.6-3.2%. This morning, the U.S. futures and German DAX futures are in a limited positive trend, while Asian Stock Markets are generally on a downward trend. As long as the VIX remains above 20, we expect the selling pressure to increase in the U.S. Stock Markets. We expect geopolitical developments and economic data to continue to have an impact on risk appetite. VIOP-30 Index completed the Friday evening session up 0.57%. Locally, we expect the Benchmark Index to start the day with a positive trend, with limited reaction purchases. Any intraday purchases would merely present a profit-taking opportunity, perpetuating sales momentum. SUPPORT: 7,408 - 7,295 RESISTANCE: 7,610 - 7,728

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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.