Market Watch(Şeker Yatırım)

Outlook:
The BIST-100 Index started Monday on a negative trend, closing the day at 4,570.32, up 0.96% amid rising reactionary purchases towards the end of play. The Banking Index diverged positively to rise 2.29%. Global risk appetite, strengthening after the U.S. inflation data lost momentum and rise in global major stock markets, was replaced by profit sales. While this selling trend in global stock markets is expected to continue in the short term, we expect renewed risk appetite ahead of the next Fed meeting. Despite profit sales at the BIST from the peak levels of last week, this correction was mostly caused by the sharp decline in just 4-5 stocks of high index weight. And when those stocks are excluded, the strong outlook and uptrend at the BIST is seen to continue. Stock-based divergences are also expected to continue in the BIST for the short term. The positive divergence among banks may continue with the expectation of CBRT interest rate cuts. For this reason, regardless of profit sales in the short term, the BIST's stand-out position in the absence of alternatives among TRY-based assets will continue in the high inflation environment. The uptrend is, thus, set to continue until the next results season arrives, with the support of strong domestic demand. The VIOP-30 Index closed the evening session up 0.33%. Relative to the BIST close, the U.S. and German DAX futures were negative. The weak trend among Asian Stock Markets continues with the expectation that re-closures may be on the agenda due to the rising incidence of Covid-19 cases in China. Locally, the BIST 100 Index is expected to start Tuesday negatively due to the decline of certain high-weight stocks. And ahead of the CBRT's interest rate decision, a sustained intraday uptrend is foreseen being led by banking stocks, albeit with low momentum. SUPPORT: 4,510 - 4,454 RESISTANCE: 4,615 - 4,686.

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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.