Market Watch(Şeker Yatırım)

The BIST-100 Index started Wednesday positively, scaling a historical peak of 5,491.10 during the day. A fluctuating intraday course led to a close of 5,429.13, up 0.19%. Although the Banking Index started the day with a rise, it ultimately lost 1.39%, leading the fluctuation, while stocks with a high Index weight such as HEKTS and SASA contributed positively. In global markets the major indices, which technically declined to their averages, reacted with the support of U.S. consumer confidence data that exceeded expectations. The VIX Index regressed to 20, indicating that volatility has decreased and supporting the rise. We expect risk appetite to continue finding direction in step with incoming data, due to the statements of central banks that decisions to be taken in the upcoming period would be determined by macroeconomic readings. In the USA, third quarter final GDP growth emerges today, followed by personal income and expenditure data tomorrow; both will shape risk appetite. Locally, we expect the BIST to continue moving without correlation to global stock markets. The BIST is currently the sole alternative investment tool among TRY-based assets in an inflationary environment, whereby profit-taking is experienced due to strong domestic investor demand. And we argue that withdrawals will still present buying opportunities. Today, the CBRT's interest rate decision will be followed. Markets expect no rate cuts due to the statement in last month's MPC text that the interest rate cut cycle was over. As Seker Invest, we also expect no change in interest rates. This morning the U.S. futures and German Dax futures were positive. Asian indices also point to a positive course. The VIOP-30 Index closed the evening session flat. Locally, the Benchmark Index is expected to start the day positively. Intraday rises will present a selling opportunity, making for a fluctuating ride for the Index. SUPPORT: 5,390 - 5,344 RESISTANCE: 5,491 - 5,535.
Şeker Yatırım Menkul Değerler A.Ş.
www.sekeryatirim.com
 

                                  ***
                               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.