Daily Bulletin

Good morning. There is a mixed outlook in global markets. Yesterday, the U.S. markets saw declines exceeding 2%, while futures are positive this morning. In Europe, there were gains yesterday, but futures are weak today. In Asia, Japan is in negative territory, whereas other regional markets are trading higher. Borsa Istanbul closed yesterday with a nearly 3% increase, with the BIST 100 index finishing the day at 10,459, closing the gap that had formed since August 5. We observe a strong inflow of funds, foreign purchases, and one of the highest trading volumes in recent times. Supported by momentum and trend indicators, the technical outlook remains positive. We believe that the positive trend in Borsa Istanbul will continue, driven by the momentum carried over from previous days. However, the weak outlook in global markets may lead to a loss of momentum. Today's agenda includes European growth data and U.S. employment figures. Turkey’s 5-year CDS starts the day at 258 basis points.