Market Watch (Şeker Yatırım)

Rising geopolitical tension in the Middle East continues to pressure the markets. The BIST 100 Index started Wednesday on a negative trend, encountering sharp sales later in the day to close at 9,012.87, down 3.62%. While the Industrial Index lost 2.74% in value, the Banking Index decreased by 6.58%. The decline of the Benchmark Index, which has lost value for the past six trading days, has exceeded 10%. On the global front, the U.S. Stock Markets, which started out midweek on a negative trajectory amid mounting tension in the Middle East, closed the day on a positive trend. European stock markets, excluding Germany, also closed positively. The VIOP30 Index closed flat with a 0.03% increase in the evening session. While Asian stock markets are following a mixed trend this morning, the U.S. and German DAX futures observe a selling trend. We think that rising geopolitical risk and recession concerns in the Middle East may continue to pressure markets in the short term. Domestic September inflation figures will be followed on the macroeconomic data agenda today. The market expectation is that CPI will rise by 2.2% monthly and 48.27% annually in September. Our expectation is for a monthly CPI rise of 1.96% and 47.85% annually. CBRT Governor Fatih Karahan's presentation in Parliament will be followed today. After the sharp sales of recent days, we expect the Benchmark Index to start Thursday flat and attempt to rise if subsequent sales are met during the day. SUPPORT: 8,900 - 8,750 RESISTANCE: 9,100 - 9,250.

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.