Daily Bulletin
Tacirler Investment
Good morning. Weak results from technology companies in the U.S., continued geopolitical stress and the elevated course of oil prices, together with the Fed and the ECB emphasizing inflation risks even though they did not change rates, are bringing selling to global markets. U.S. and European futures and Asian markets are generally in negative territory this morning. Although we see a search for balance above 11,000 domestically, the weakness in global equity markets and possible unwinding of arbitrage positions due to today being the last trading day of October may lead to continued pressure in Borsa Istanbul. While the BIST 100 Index rose 0.1% to 11,165 points on Wednesday, the companies contributing to the index were ASELS, ASTOR, BIMAS, ANSGR, ENKAI, while those with a negative impact on the index were TUPRS, AKBNK, YKBNK, SAHOL, AGHOL. Companies standing out with steady fund inflows over the past week were KCHOL, ENKAI, TRMET, ENTRA, RYGYO, OZKGY. From a technical perspective, the 11,000, 10,700 and 10,500 supports and the 11,250 / 11,300 and 11,500 / 11,600 resistance bands can be monitored. On today's agenda, the October economic confidence index and September tourism data will be monitored domestically. In Europe, 3Q26 GDP growth data, and in the U.S., Chicago PMI data and statements from three different Fed officials will be followed. Turkey's 5-year CDS premium starts the day at 254 basis points.