MARKET WATCH (SEKER YATIRIM)

MARKET WATCH (SEKER YATIRIM)

THE BIST-100 INDEX STARTED THURSDAY POSITIVELY AT 12,161.68, RETREATING TO 12,038.79 DURING THE DAY BEFORE RECOVERING TO POSITIVE TERRITORY WITH BUYING ACTIVITY AND CLOSING AT 12,213.58, UP 0.75%. THE BANKING INDEX DIVERGED NEGATIVELY, DOWN 1.54%, WHILE THE INDUSTRIAL INDEX DIVERGED POSITIVELY, UP 1.75%. THE STRONGEST-PERFORMING SECTOR INDEX OF THE DAY WAS THE MINING INDEX WITH A 3.00% GAIN, WHILE THE WEAKEST WAS THE FINANCIAL LEASING AND FACTORING INDEX WITH A 5.93% DECREASE. THE VIOP OCTOBER FUTURES CONTRACT FOR THE NEAR-TERM INDEX CLOSED THE EVENING SESSION RELATIVELY FLAT, DOWN 0.01% COMPARED TO THE EARLY SESSION CLOSE. ACCORDING TO CBRT DATA, IN THE WEEK ENDING OCTOBER 2ND, FOREIGN RESIDENTS (FOREIGN INVESTORS), ADJUSTED FOR PRICE AND FX RATE EFFECTS, MADE NET SALES OF USD189.9 MILLION IN EQUITIES AND USD484.7 MILLION IN GOVERNMENT BONDS. DURING THE SAME WEEK, THE CBRT`S GROSS RESERVES DECREASED BY USD3.8 BILLION TO USD167.4 BILLION, WHILE NET RESERVES EXCLUDING SWAPS FELL BY USD2 BILLION TO USD37.9 BILLION. TREASURY AND FINANCE MINISTER MEHMET SIMSEK ANNOUNCED THAT THE LIQUIDATION OF 17 FUNDS OPEN TO TEFAS HAS BEEN COMPLETED AND THAT THE FUNDS OF 43,000 FUND PARTICIPANTS HAVE BEEN TRANSFERRED TO THE RELEVANT BANKS. GLOBALLY, RISING OIL PRICES AND SELL-OFFS IN SEMICONDUCTOR STOCKS LED TO MIXED PERFORMANCE IN U.S. EQUITY MARKETS. WEEKLY JOBLESS CLAIMS FELL TO 197,000, COMPARED TO AN EXPECTATION OF 200,000, WHILE AUGUST`S WHOLESALE INVENTORY INCREASE WAS REVISED DOWN TO 0.5%, BELOW THE EXPECTED 0.7%. WHOLESALE SALES INCREASED BY 1.8% ON A MONTHLY BASIS. IN THE U.S. STOCK MARKETS, THE DOW JONES INDEX ROSE 0.10%, WHILE THE S&P 500 INDEX FELL 0.47% AND THE NASDAQ INDEX DECLINED 1.25%. IN EUROPEAN MARKETS, A SELL-OFF PREVAILED DUE TO RISING OIL PRICES, PRESSURE FROM INCREASING BOND YIELDS, AND CONCERNS OVER FRANCE`S PUBLIC FINANCES. THE EURO STOXX 50 INDEX FELL 0.94%, THE GERMAN DAX INDEX 1.18%, THE FRENCH CAC 40 INDEX 0.51%, AND THE UK FTSE 100 INDEX 0.16%. ON THE GEOPOLITICAL FRONT, PRESIDENT TRUMP ANNOUNCED THAT PRODUCTIVE TALKS WERE BEING HELD WITH IRAN AND THAT NO ATTACK ON IRAN WAS PLANNED BEFORE THE NOVEMBER 3RD MIDTERM ELECTIONS. THE IRANIAN GOVERNMENT STATED IT WAS EVALUATING THE U.S. RESPONSE TO ITS PROPOSAL TO REOPEN THE STRAIT OF HORMUZ WITHIN SEVEN DAYS, WHILE THE U.S. ANNOUNCED NEW SANCTIONS TARGETING INDIVIDUALS, COMPANIES, AND 17 SHIPS ALLEGEDLY INVOLVED IN TRANSPORTING IRANIAN OIL. BRENT CRUDE OIL, WHICH ROSE TO USD104.5 INTRADAY YESTERDAY, IS TRADING AROUND USD101.3 THIS MORNING, DOWN APPROXIMATELY 1.2%. A POSITIVE OUTLOOK IS OBSERVED IN U.S. FUTURES, WHILE EUROPEAN FUTURES ALSO INDICATE A POSITIVE OPENING. ASIAN MARKETS, HOWEVER, ARE SHOWING A MIXED PICTURE. THE NIKKEI IN JAPAN IS TRADING FLAT, WHILE THE HANG SENG IN HONG KONG IS UP OVER 1.5%. SOUTH KOREAN AND TAIWANESE MARKETS ARE CLOSED FOR A HOLIDAY. ON THE MACROECONOMIC DATA AGENDA FOR THE DAY, DOMESTIC AUGUST INDUSTRIAL PRODUCTION AND CONSTRUCTION COST INDEX DATA WILL BE MONITORED. ON A DAY WITH A QUIET GLOBAL DATA AGENDA, THE HIGHLIGHTS IN THE U.S. ARE THE UNIVERSITY OF MICHIGAN CONSUMER SENTIMENT DATA AND A SPEECH BY FED MEMBER SUSAN COLLINS. LOCALLY, WE EXPECT THE BENCHMARK INDEX TO START FRIDAY WITH LIMITED POSITIVE MOMENTUM FOLLOWED BY INTRADAY VOLATILITY. SUPPORT: 12,160 - 12,090 RESISTANCE: 12,285 - 12,360.

SEKER YATIRIM MENKUL DEGERLER A.S
WWW.SEKERYATIRIM.COM.TR

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BURADA YER ALAN YATIRIM BILGI, YORUM VE TAVSIYELER YATIRIM DANISMANLIGI KAPSAMINDA DEGILDIR.YATIRIM DANISMANLIGI HIZMETI ARACI KURUMLAR, PORTFOY YONETIM SIRKETLERI, MEVDUAT KABUL ETMEYEN BANKALAR ILE MUSTERI ARASINDA IMZALANACAK YATIRIM DANISMANLIGI SOZLESMESI CERCEVESINDE SUNULMAKTADIR.BURADA YER ALAN YORUM VE TAVSIYELER, YORUM VE TAVSIYEDE BULUNANLARIN KISISEL GORUSLERINE DAYANMAKTADIR.BU GORUSLER MALI DURUMUNUZ ILE RISK VE GETIRI TERCIHLERINIZE UYGUN OLMAYABILIR.BU NEDENLE, SADECE BURADA YER ALAN BILGILERE DAYANILARAK YATIRIM KARARI VERILMESI BEKLENTILERINIZE UYGUN SONUCLAR DOGURMAYABILIR.