BIST 100 Index at New Peak: Foreign Investors Draw Attention

BIST 100 Index Continues Its Upward Trend

In global markets, the U.S. Federal Reserve's (Fed) interest rate decisions have a significant impact on investors, while notable developments continue to unfold on the Istanbul Stock Exchange. The Fed has aligned with expectations by skipping an interest rate cut, placing investors' focus squarely on this situation. Additionally, former President Trump has nominated Kevin Warsh for the Fed chairmanship. This has led to a rapid decline in gold and silver prices.

Increasing Foreign Investor Interest

The BIST 100 index on the Istanbul Stock Exchange is approaching the 14,000 level with the expectation of increased interest from foreign investors. The rise observed since the beginning of the year appears to have been initially driven by a few large players. However, the likelihood of price movements spreading across a broader base has strengthened in recent periods. While heavily weighted stocks are leading the rally, stocks with lower weights and limited performance are expected to gain momentum in the coming days.

Critical CPI Data Expectation

The Consumer Price Index (CPI) data to be released in the new week holds critical importance for the market. High inflation rates have become an indicator that investors must closely monitor when making decisions.

Developments in Crypto Markets

The representative of cryptocurrencies, Bitcoin (BTC), has lost 7.4% of its value, and the total market for cryptocurrencies has decreased by 7.1%, indicating a decline in global risk appetite. On the other hand, major investors like BlackRock starting to invest in digital assets through crypto ETFs is increasing interest in this area. The acceleration of the approval processes for crypto ETFs is enabling institutional investors to integrate more into the crypto world.

Market Trends and Stock Recommendations

Stocks that are sensitive to market movements have become an important evaluation criterion for investors. For example, stocks that typically lie outside the index potentially stand out in the new pricing wave. Particularly, stocks with a beta coefficient above 1 are expected to react more strongly in price movements. This situation once again underscores the critical nature of making the right choices within the stock market for investors.