MARKET WATCH (SEKER YATIRIM) MARKET WATCH - THURSDAY, FEBRUARY 27, 2025 OUTLOOK: THE BIST100 INDEX STARTED WEDNESDAY AMID FLUCTUATION, BUT MAINTAINED A POSITIVE TREND THEREAFTER TO CLOSE AT 9,573.21, UP 1.29%. THE INDUSTRIAL INDEX ROSE BY 0.31%, WHILE THE BANKING INDEX OUTPERFORMED WITH A 2.52% RISE. ALTHOUGH THE OVERALL OUTLOOK FOR THE BIST REMAINS WEAK, EFFORTS ARE BEING MADE TO RECOVER LOSSES FOLLOWING THE SHARP SELL-OFFS OBSERVED SINCE LAST WEEK. THE BANKING INDEX IS POSITIVELY DIVERGING DUE TO EXPECTATIONS OF INTEREST RATE CUTS BY THE CBRT. GLOBAL RISK APPETITE ATTEMPTED TO RECOVER MIDWEEK, WITH EUROPEAN STOCK MARKETS RISING BY UP TO 1.7%, WHILE THE U.S. MARKETS, EXCEPT FOR THE DOW JONES, ALSO CLOSED HIGHER. HOWEVER, U.S. CHIP MANUFACTURER NVIDIA`S EARNINGS REPORT FELL SHORT OF EXPECTATIONS, AND TRUMP ANNOUNCED PLANS FOR A 25% TARIFF ON THE EU. AS A RESULT, THIS MORNING, U.S. FUTURES ARE TRADING POSITIVELY, WHILE GERMAN DAX FUTURES AND ASIAN MARKETS ARE SHOWING A NEGATIVE TREND. TODAY, REVISED DATA FOR U.S. 4Q GDP GROWTH WILL BE CLOSELY WATCHED. ADDITIONALLY, DEVELOPMENTS REGARDING TARIFFS ON THE EU AND THE ONGOING RUSSIA-UKRAINE WAR WILL BE MONITORED. THE VIOP30 INDEX CLOSED THE EVENING SESSION WITH A 0.27% DECLINE. LOCALLY, WE EXPECT THE BENCHMARK INDEX TO START THURSDAY WITH LIMITED BUYING INTEREST AND, IF POTENTIAL PROFIT-TAKING CAN BE ABSORBED, TO CONTINUE ITS UPWARD MOMENTUM THROUGHOUT THE DAY. SUPPORT: 9,450 - 9,350 RESISTANCE: 9,650 - 9,750. MONEY MARKET: THE LIRA WAS NEGATIVE YESTERDAY, WEAKENING 0.01% AGAINST THE USD TO CLOSE AT 36.4572. THE CURRENCY ALSO DEPRECIATED BY 0.04% AGAINST A BASKET OF $0.50 AND €0.50. MEANWHILE, THE LOCAL FIXED INCOME MARKETS WERE RELATIVELY FLAT. THE TEN-YEAR BENCHMARK BOND YIELD FLUCTUATED BETWEEN A TIGHT RANGE OF 27.84%-27.93%, CLOSING THE DAY AT 27.87%, DOWN 2 BPS FROM THE PREVIOUS CLOSE. COMPANY NEWS: SISECAM (SISE.TI OP) IS TO ANNOUNCE ITS 4Q24 FINANCIALS AFTER THE MARKET CLOSES TODAY. WHILE THE MARKET EXPECTS A PROFIT OF TRY358 MILLION, OUR EXPECTATION IS FOR A NET PROFIT OF TRY397 MILLION. WE EXPECT NET SALES REVENUES OF TRY40,341 MILLION AND EBITDA OF TRY2,623 MILLION. THE MARKET EXPECTATIONS ARE TRY42,770 MILLION AND TRY2,702 MILLION, RESPECTIVELY. TURKCELL (TCELL.TI OP) IS TO ANNOUNCE ITS 4Q24 FINANCIALS TODAY AFTER THE MARKET CLOSE. WE ANTICIPATE QUARTERLY NET PROFIT OF TRY 2,930MN WHILE THE MARKET EXPECTATION IS TRY 3,840MN. WE EXPECT 4Q24 NET SALES REVENUES AND EBITDA TO REACH TRY 44,011MN AND TRY 17,857MN, RESPECTIVELY. THE MARKET`S RESPECTIVE QUARTERLY NET SALES AND EBITDA AVERAGE EXPECTATIONS ARE TRY 43,343MN AND TRY 17,529MN. TURKISH AIRLINES (THYAO.TI OP) IS TO ANNOUNCE ITS 4Q24 RESULTS ON FEBRUARY 28TH BEFORE THE TR MARKETS OPEN. FOR 4Q24, WE EXPECT NET SALES OF USD 5,468MN (MARKET AVERAGE EXPECTATION: USD 5,574MN). ON THE EBITDA SIDE, THE AVERAGE MARKET EXPECTATION IS USD 1,051MN, WHILE OUR EXPECTATION IS USD 967MN. AS A RESULT, WE EXPECT THE COMPANY TO PRINT A NET PROFIT OF USD 786MN (MARKET EXPECTATION: USD 632MN). 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. 27.02.2025 09:23:10