Daily Bulletin

Good morning. Oil prices remain elevated due to the ongoing tensions between the U.S. and Iran, with prices trading above $95 in recent sessions. Meanwhile, U.S. futures point to a positive opening for technology stocks, while the industrial sector is showing a weaker outlook. European futures are slightly positive, while Asian markets are mixed. Of the six major regional indices we monitor, three are in positive territory and three are in negative territory. In Borsa Istanbul, the rebound from around 13,900, where the 100-day exponential moving average is located, continued for a second day, with the BIST 100 Index gaining 1% yesterday to close at 14,151. The top five contributors to the index were DSTKF, TUPRS, SASA, ASELS, and SISE, while KTLEV, ODINE, PASEU, HALKB, and RALYH had the most negative impact. The stocks that stood out with consistent net money inflows over the past week were ISCTR, GUBRF, ARTMS, MANAS, and PINSU. On a daily basis, net inflows into private banks are also drawing attention. We believe the momentum that has strengthened over the past two sessions will remain intact today, with the index likely to maintain its upward trend. From a technical perspective, 14,200 and 14,330 are the key resistance levels for the BIST 100, while 14,000 and 13,880 stand out as support levels. Today’s economic calendar is relatively light. Turkey’s 5-year CDS premiums are starting the day at 217 basis points.