MARKET WATCH (SEKER YATIRIM)

MARKET WATCH (SEKER YATIRIM)

THE BIST-100 INDEX STARTED THURSDAY WITH BUYING INTEREST, CONTINUING ITS POSITIVE TREND. AMID STRENGTHENING BUYING IN THE AFTERNOON, THE INDEX REACHED 14,196.85, SETTING A NEW RECORD IN TRY TERMS, AND CLOSING AT 14,180.48, UP 2.85%. THAT LEVEL ALSO MARKED A RECORD CLOSING PRICE IN TRY TERMS. THE CBRT MAINTAINED ITS INFLATION TARGETS IN ITS FIRST INFLATION REPORT OF THE YEAR, PUBLISHED YESTERDAY. THE INFLATION TARGET FOR 2026 AND 2027 REMAINS AT 16% AND 9% RESPECTIVELY, WHILE THE INTERIM TARGET FOR 2028 IS SET AT 8%. THE INFLATION FORECAST RANGE FOR 2026 WAS UPDATED TO 15% - 21% (IN THE 4TH INFLATION REPORT OF 2025, THE INFLATION FORECAST RANGE FOR 2026 WAS 13%-19%). FOLLOWING THE PUBLICATION OF THE INFLATION REPORT, STRONG BUYING WAS OBSERVED, PARTICULARLY IN BANKING STOCKS. IN SECTORAL INDICES, THE INDUSTRIAL INDEX ROSE BY 2.61%, WHILE THE BANKING INDEX SHOWED THE MOST POSITIVE DIVERGENCE WITH A 6.96% INCREASE. THE TEXTILE AND LEATHER INDEX WAS THE MOST NEGATIVELY DIVERGING INDEX, LOSING 0.45%. ACCORDING TO WEEKLY SECURITIES DATA PUBLISHED BY THE CBRT, IN THE WEEK ENDING FEBRUARY 6, 2026, FOREIGN RESIDENTS MADE NET PURCHASES OF USD 134.3 MILLION IN EQUITIES, ADJUSTED FOR PRICE AND FX RATE EFFECTS. SINCE THE BEGINNING OF 2026, FOREIGN INVESTORS HAVE MADE NET PURCHASES OF USD 1.617 MILLION AT THE BIST. IN THE GOVERNMENT BOND MARKET, ACCORDING TO WEEKLY OUTRIGHT PURCHASE AND SALE TRANSACTIONS (EXCLUDING REPOS), FOREIGN INVESTORS MADE NET PURCHASES OF USD 255.6 MILLION IN BONDS DURING THE SAME WEEK. ACCORDING TO CBRT DATA, GROSS RESERVES FELL TO USD 207.5 BILLION IN THE WEEK ENDING FEBRUARY 6. THE PREVIOUS WEEK, GROSS RESERVES HAD REACHED A HISTORICAL HIGH OF USD 218.2 BILLION. EXCLUDING SWAPS, NET RESERVES DECREASED FROM USD 82.6 BILLION TO USD 77.7 BILLION DURING THE SAME PERIOD. THE FEBRUARY FUTURES CONTRACT FOR THE VIOP INDEX FELL BY 0.21% IN THE EVENING SESSION, WHERE PROFIT-TAKING WAS ABSORBED. GLOBALLY, THE U.S. STOCK MARKETS FELL YESTERDAY FOLLOWING THE RELEASE OF THE LATEST MACROECONOMIC DATA, AND AMID WEAKENING EXPECTATIONS OF A FED INTEREST RATE CUT, CONCERNS OVER ARTIFICIAL INTELLIGENCE, AND SELLING PRESSURE ON TECHNOLOGY STOCKS. THE DOW JONES INDEX FELL BY 1.34%, THE S&P 500 INDEX BY 1.57%, AND THE NASDAQ INDEX BY 2.04%. EUROPEAN STOCK MARKETS SAW MORE LIMITED LOSSES. THE OUTLOOK FOR ASIAN MARKETS THIS MORNING IS NEGATIVE. IN FUTURES INDICES, THE U.S. FUTURES ARE OBSERVING A LIMITED NEGATIVE TREND, WHILE EUROPEAN FUTURES OBSERVE A LIMITED POSITIVE ONE. ON FRIDAY, KEY MACROECONOMIC DATA RELEASES IN TURKIYE INCLUDE THE DECEMBER BALANCE OF PAYMENTS STATISTICS AND THE FEBRUARY MARKET PARTICIPANT SURVEY. MARKET EXPECTATIONS ARE FOR A CURRENT ACCOUNT DEFICIT OF USD 5.5 BILLION. WE ANTICIPATE A DEFICIT OF USD 5.9 BILLION. GLOBALLY, KEY DATA INCLUDES THE U.S. JANUARY CPI FIGURES, EUROZONE GDP, AND FOREIGN TRADE BALANCE DATA. LOCALLY, WE EXPECT THE BENCHMARK INDEX TO START FRIDAY WITH LIMITED NEGATIVE GAINS, FOLLOWED BY AN ATTEMPT TO ABSORB PROFIT-TAKING. SUPPORT: 14,000 - 13,900 RESISTANCE: 14,300 - 14,400.

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

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YASAL UYARI

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.