MARKET WATCH (SEKER YATIRIM) THE BIST 100 INDEX STARTED FRIDAY WITH A SLIGHTLY POSITIVE TREND. ALTHOUGH IT CLIMBED AS HIGH AS 10,774.91 DURING THE SESSION, PROFIT-TAKING PRESSURE LIMITED GAINS, AND THE BENCHMARK INDEX CLOSED THE DAY AT 10,746.98, UP 0.04%. THE INDUSTRIAL INDEX ROSE BY 0.41%, WHILE THE BANKING INDEX DECLINED BY 0.22%. ON A WEEKLY BASIS, THE BIST 100 INDEX RECORDED A GAIN OF 0.98%, ENDING AT 10,746.98, WHILE THE INDUSTRIAL INDEX ROSE 1.49% AND THE BANKING INDEX INCREASED BY 0.41%. THE UPTREND THAT BEGAN IN EARLY JULY AMID EXPECTATIONS OF INTEREST RATE CUTS BY THE CBRT REMAINS INTACT. HOWEVER, THE INDEX HAS BEEN EXHIBITING A VOLATILE PATTERN, WITH PROFIT-TAKING OBSERVED DURING UPWARD MOVES AND BUYING INTEREST DURING PULLBACKS. AS SECOND-QUARTER FINANCIAL RESULTS CONTINUE TO BE ANNOUNCED, WE EXPECT STOCK-BASED DIVERGENCES TO BECOME MORE PRONOUNCED AND THE CHOPPY MARKET TREND TO PERSIST. TODAY, DOMESTIC INFLATION DATA FOR JULY WILL BE RELEASED. AS MENTIONED IN THE CBRT’S LATEST MEETING NOTES, INFLATION IS EXPECTED TO RISE IN JULY COMPARED TO THE PREVIOUS TWO MONTHS. MARKET CONSENSUS POINTS TO A 2.4% MONTHLY INCREASE IN INFLATION, WHILE OUR EXPECTATION STANDS SLIGHTLY HIGHER AT 2.5%. A READING ABOVE EXPECTATIONS MAY TRIGGER SHORT-TERM MARKET VOLATILITY. ON THE GLOBAL FRONT, MARKETS CLOSED LOWER ON FRIDAY DUE TO NEWLY-ANNOUNCED TARIFFS AND A SOFTER-THAN-EXPECTED U.S. NON-FARM PAYROLL REPORT FOR JULY, ALONG WITH DOWNWARD REVISIONS TO THE PREVIOUS TWO MONTHS’ FIGURES. AS OF THIS MORNING, U.S. AND DAX FUTURES ARE TRADING IN POSITIVE TERRITORY, WHILE ASIAN MARKETS ARE SHOWING A MIXED TREND. THE VIOP-30 INDEX ENDED THE EVENING SESSION WITH A SLIGHT DECLINE OF 0.02%, CLOSING FLAT. TODAY, WE EXPECT THE BENCHMARK INDEX TO START MONDAY`S EARLY SESSION FLAT AHEAD OF THE INFLATION DATA, AND TO FOLLOW A VOLATILE PATH DEPENDING ON THE OUTCOME OF THE RELEASE. SUPPORT: 10,650 - 10,550 RESISTANCE: 10,900 - 11,000. 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. 04.08.2025 10:35:01