ANALİZ-Morning Report(Trive Yatırım) [FNC-NEWS]

• 29.04.2024 09:09

https://news-files.foreks.com/attachment/1714370938913_MORNINGTRIVEREPORT-29APR2024.pdf


The BIST100 closed Friday on a gain of 2.05%, to close the 4-day short week at 9916 and accompanied on a turnover of TRY 115.2bn, while setting a new historic peak of 9956.
The gains were spurred by both encouraging statements from Treasury and Finance Minister, Mr. Mehmet Simsek, hinting that the CDS rates will fall to the 200 levels in the near future, as well as JP Morgan stating that it will include Türkiye?s 10yr bonds in its index, another sign that things are looking up for Türkiye.
Accordingly, the Banks were the most bought stocks, rising by 3.38%, followed by the Mining stocks, while the Energy stocks lagged their peers with a mere gain of 0.63%.
TAVHL, thanks to its superior financial results, was the most bought BIST30 stock, followed by ENKAI and EKGYO, whereas AKSEN and ARCLK were the only stocks to close in the red, followed by the slight increase in TOASO.
For the week, the BIST100 registered a gain of 2.29%, and the BIST30 stocks rose by 1.94%, despite the Banks facing profit-takings and falling by 0.73%, thanks to the 5.55% rise in the Transportation stocks, while the Industrials rose by 1.65% for the week, and the Conglomerates by 2.55%.
The TRY strengthened against the USD by 0.19% but weakened against the Euro by 0.28%. On the Bonds? side, the 2yr yields closed 1.63% lower to 44.70%, and the 10yr rates fell by 0.99% to 28.12%.
On the Commodity front, Brent ended the week 1.73% higher, on the hopes that the Fed will start rate cuts sooner rather than later to curtail a slowdown in the economy, with the worries of stagflation casting black clouds over the markets, akin to the current Istanbul weather today, however, GOLD prices dropped by 2.28%.


Foreks Haber Merkezi ( haber@foreks.com )
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Burada yer alan yatırım bilgi, yorum ve tavsiyeler yatırım danışmanlığı kapsamında değildir. Yatırım danışmanlığı hizmeti, aracı kurumlar, portföy yönetim şirketleri, mevduat kabul etmeyen bankalar ile müşteri arasında imzalanacak yatırım danışmanlığı sözleşmesi çerçevesinde sunulmaktadır. Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanların kişisel görüşlerine dayanmaktadır. Bu görüşler mali durumunuz ile risk getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi beklentilerinize uygun sonuçlar doğurmayabilir.