MARKET WATCH (SEKER YATIRIM) OUTLOOK: THE BIST100 INDEX STARTED WEDNESDAY ON A NEGATIVE TREND, FOLLOWED A FLUCTUATING INTRADAY COURSE AND CLOSED AT 10,076.99, DOWN 0.44%. THE INDUSTRIAL INDEX FELL 1.19% AND THE BANKING INDEX LOST 1.12%. WHILE THE MEDIUM-TERM RISING TREND IS MAINTAINED AT THE BIST, PROFIT-TAKING IS OBSERVED DURING RISES AND REACTION PURCHASES DURING DECLINES. THE 4Q24 BALANCE SHEET ANNOUNCEMENTS STARTED YESTERDAY WITH GARANTI BANK, AND WE EXPECT SHARE-BASED DIVERGENCES TO BECOME MORE EVIDENT AS COMPANIES ANNOUNCE. YESTERDAY THE FED KEPT THE INTEREST RATE CONSTANT IN THE RANGE OF 4.25-4.50%, IN LINE WITH THE MARKET EXPECTATION, WHICH WAS PRICED WITH A 99% PROBABILITY. THE FED REMOVED FROM THE TEXT THE REFERENCE TO INFLATION MOVING TOWARD A TARGET. SPEAKING AFTER THE MEETING, CHAIRMAN POWELL COMMENTED THAT THIS CHANGE WAS NOT A SIGNAL, AND THAT THE DETERMINATION TO ACHIEVE THE GOAL CONTINUES. POWELL SAID THAT THE ECONOMY IS GENERALLY STRONG AND THAT THE FED DOES NOT SEE THE NEED TO HASTILY CHANGE ITS POLICY STANCE. THE U.S. STOCK MARKETS CLOSED WITH DECLINES YESTERDAY. THIS MORNING, THE U.S. FUTURES ARE POSITIVE AND GERMAN DAX FUTURES ARE NEGATIVE. MARKETS ARE CLOSED IN CHINA FOR THE CHINESE NEW YEAR HOLIDAY, WHILE OPEN ASIAN STOCK MARKETS ARE PRICED POSITIVELY. TODAY MARKETS WILL FOLLOW THE ECB’S MEETING. THE ECB IS EXPECTED TO CONTINUE INTEREST RATE CUTS BY 25 BPS FROM 3.15% TO 2.90%. WE EXPECT THE MEETING AND SUBSEQUENT STATEMENTS OF ECB PRESIDENT LAGARDE AT 16:45 CET TO GUIDE THE MARKET. USA AND EUROPEAN 4TH QUARTER FIRST READING GROWTH DATA WILL ALSO BE ANNOUNCED TODAY. THE VIOP30 INDEX COMPLETED THE EVENING SESSION UP 0.08%. LOCALLY, THE BENCHMARK INDEX IS EXPECTED TO HAVE A LIMITED NEGATIVE START TO THE DAY, WITH LOW-VOLUME FLUCTUATION LIKELY THEREAFTER. SUPPORT: 9,950 - 9,850 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. 30.01.2025 09:24:30