Market Watch(Şeker Yatırım)

The BIST-100 Index started Tuesday on a positive note, scaling a record of 5,704.83, and closing the day at 5,626.57, down 0.66%. This was despite the positive contribution of TCELL and SISE, amid profit-taking spread throughout the day. Technical indicators show that profit-taking and volatility in the Index may continue. However, we think that sharp pullbacks will continue to present buying opportunities for the medium term as the BIST remains an alternative investment tool among TRY-based assets attracting firm domestic investor demand in the inflationary environment. We expect sectoral divergences to become clear ahead of the next results season. On the global front, limited sales were observed in the U.S. Stock Markets, back from the holidays, while European Stock Markets ended the day positively. The VIX Index rose to 23, pointing to increased volatility in U.S. Stock Markets. Unless the Index falls below 20, the volatile course in the U.S. Stock Markets will likely continue during the week, albeit to a limited extent, and selling pressure in the major stock markets will continue during the week. The Benchmark Index is expected to sustain its independent course since the BIST's correlation with foreign counterparts has weakened. Yet profit-taking may also occur in the BIST if sales in global stock markets are strong. The U.S. and German Dax futures were positive this morning, while there was a mixed-outlook in Asian Stock Markets. The VIOP-30 Index closed the evening session flat. Locally, the Index is expected to start the day with a slightly positive trend, and we expect any intraday rises to present a selling opportunity making for fluctuating trading. SUPPORT: 5,610 - 5,549 RESISTANCE: 5,705 - 5,800.
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.