MARKET WATCH (SEKER YATIRIM) THE BIST100 INDEX STARTED FRIDAY ON A POSITIVE TREND AND FLUCTUATED AROUND 10,000 DURING THE DAY. THE BENCHMARK INDEX CLOSED AT 9,910.61, DOWN 0.90% AMID RISING SELLING PRESSURE IN PARALLEL WITH THE GLOBAL MARKETS TOWARDS THE END OF TRADING. ON A WEEKLY BASIS, THE BIST100 LOST 1.63%, THE INDUSTRIAL INDEX FELL 1.82%, AND THE BANKING INDEX DECREASED BY 1.40%. PROFIT SALES WERE OBSERVED AT THE BIST LAST WEEK ONCE SHORT-TERM EXPECTATIONS WERE REALIZED WITH THE START OF INTEREST RATE CUTS AND WITH THE ACCELERATION OF DISINFLATION IN DECEMBER. WHILE WE CONSIDER SHORT-TERM PROFIT SALES NORMAL WE DO NOT EXPECT THEM TO BE PERMANENT GIVEN THE CURRENT OUTLOOK. AS INTEREST RATE CUTS CONTINUE, WE MAINTAIN OUR EXPECTATION THAT APPETITE FOR THE BIST WILL CONTINUE TO INCREASE, LED BY THE BANKS. ON THE GLOBAL FRONT, THE U.S. NON-FARM EMPLOYMENT DATA ANNOUNCED ON FRIDAY POINTED TO A RISE OF 256K, WELL ABOVE THE EXPECTATIONS OF AN INCREASE OF 164K. THIS DATA SUPPORTS THE VIEW THAT THE FED WILL KEEP INTEREST RATES HIGH FOR LONGER, AS WELL AS THE STRONG DOLLAR THEME, PROMPTING SALES IN HIGHER-RISK ASSETS ON FRIDAY. LAST WEEK THE U.S. STOCK MARKETS LOST AN AVERAGE OF 2%, ASIAN STOCK MARKETS LOST 1.3%, WHILE EUROPEAN STOCK MARKETS GAINED 1.3%. THIS MORNING ASIAN STOCK MARKETS, U.S. FUTURES AND GERMAN DAX FUTURES ARE FOLLOWING A NEGATIVE TREND. WE EXPECT THE MARKETS TO CONTINUE NAVIGATING DATA RELEASES. TODAY, THE DATA AGENDA IN MAJOR ECONOMIES IS CALM. LOCALLY, BALANCE OF PAYMENTS DATA FOR NOVEMBER IS OUT TODAY. THE MARKET EXPECTATION IS FOR A CURRENT ACCOUNT DEFICIT OF USD 3BN. WE EXPECT A CURRENT ACCOUNT DEFICIT OF USD 2.85BN. THE VIOP30 INDEX ENDED THE FRIDAY EVENING SESSION UP 0.11%. WE EXPECT THE BENCHMARK INDEX TO START MONDAY WITH REACTION PURCHASES AND CONTINUE ITS FLUCTUATING COURSE THEREAFTER. SUPPORT: 9,850 - 9,750 RESISTANCE: 10,150 - 10,250. SEKER YATIRIM MENKUL DEGERLER A.S. WWW.SEKERYATIRIM.COM.TR *** 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. 13.01.2025 09:44:33