Bizim Menkul De\u011ferler (BMD) analizine g\u00f6re Borsa \u0130stanbul\u2019da BIST-100 Endeksi, 25 A\u011fustos 2026 Sal\u0131 g\u00fcn\u00fc y\u00fczde 0,19 de\u011fer kaybederek 14.473,42 puandan g\u00fcn\u00fc tamamlad\u0131. Endeks g\u00fcn i\u00e7erisinde 14.341 ile 14.542 puan aras\u0131nda hareket etti.<\/p>\n
G\u00fcne y\u00fczde 0,30 d\u00fc\u015f\u00fc\u015fle 14.457,80 puandan ba\u015flayan BIST-100\u2019de bankac\u0131l\u0131k endeksi y\u00fczde 0,03, s\u0131nai endeks ise y\u00fczde 1,88 geriledi. BIST-30 Endeksi y\u00fczde 0,35 d\u00fc\u015f\u00fc\u015fle 16.707,20 puana inerken, BIST-T\u00fcm Endeksi y\u00fczde 0,25 kay\u0131pla 18.667,08 puandan kapand\u0131. BIST-Hizmet Endeksi y\u00fczde 0,39 ve BIST-Mali Endeksi y\u00fczde 0,25 y\u00fckseldi.<\/p>\n
BIST-100\u2019\u00fcn piyasa de\u011feri 292,5 milyar dolar, 14 trilyon 38,8 milyar TL olurken, g\u00fcnl\u00fck i\u015flem hacmi 197,2 milyar TL olarak ger\u00e7ekle\u015fti. Endeksin cari F\/K oran\u0131 13,92, yabanc\u0131 pay\u0131 ise y\u00fczde 32,9 seviyesinde bulunuyor.<\/p>\n
BIST-100\u2019de en y\u00fcksek i\u015flem hacmi 19,28 milyar TL ile THYAO\u2019da ger\u00e7ekle\u015fti. THYAO hissesi g\u00fcn\u00fc y\u00fczde 0,7 y\u00fckseli\u015fle tamamlad\u0131. TUPRS 17,17 milyar TL i\u015flem hacmiyle y\u00fczde 6,7, ASELS 15,62 milyar TL hacimle y\u00fczde 1,0, AKBNK 10,64 milyar TL hacimle y\u00fczde 0,1 ve ASTOR 8,72 milyar TL hacimle y\u00fczde 0,7 de\u011fer kaybetti.<\/p>\n
TRALT ise 6,99 milyar TL i\u015flem hacmiyle y\u00fczde 5,1 geriledi.<\/p>\n
Borsada en fazla y\u00fckselen hisseler y\u00fczde 10 ile TKNSA, SNICA, RNPOL, DURKN, DITAS, KRGYO, NIBAS, BRLSM, KPEKS, KRDMA, TGSAS, TKNKA, VKFYO, HATSN, IZFAS, COSMO, BIGTK, ISVEA, KBORU ve GMTAS oldu.<\/p>\n
En fazla d\u00fc\u015fen hisseler ise y\u00fczde 10 ile TMPOL, MEGMT, LIDER, NETAS, TEHOL ve HEDEF olurken; BINBN y\u00fczde 7,4, RUBNS y\u00fczde 6,8, TUPRS y\u00fczde 6,7, AVGYO y\u00fczde 6,6, PNLSN y\u00fczde 6,3, VEYAS y\u00fczde 6,2, BJKAS y\u00fczde 6,2, BLUME y\u00fczde 6,0, SKYMD ve DCTTR y\u00fczde 5,8 de\u011fer kaybetti.<\/p>\n
T\u00fcrkiye\u2019de 2 y\u0131ll\u0131k tahvil faizi \u00f6nceki kapan\u0131\u015fa g\u00f6re 20 baz puan d\u00fc\u015ferek y\u00fczde 39,91\u2019e, 10 y\u0131ll\u0131k tahvil faizi ise 10 baz puan gerileyerek y\u00fczde 34,47\u2019ye indi. Dolar\/TL 48,05-48,15, Euro\/TL ise 56,07-56,22 aral\u0131\u011f\u0131nda hareket etti. T\u00fcrkiye\u2019nin dolar bazl\u0131 5 y\u0131ll\u0131k CDS primi 218,6 seviyesinde ger\u00e7ekle\u015fti.<\/p>\n
BMD verilerine g\u00f6re 25 A\u011fustos kapan\u0131\u015f\u0131nda g\u00f6sterge faiz y\u00fczde 37,00, TLREF y\u00fczde 36,94, 10 y\u0131ll\u0131k tahvil faizi y\u00fczde 35,05 ve 2 y\u0131ll\u0131k tahvil faizi y\u00fczde 40,02 seviyesinde bulunuyor. TCMB AOFM y\u00fczde 37,00 seviyesinde ger\u00e7ekle\u015firken T\u00dcFE y\u00fczde 31,75 olarak kaydedildi.<\/p>\n
Bank of America, TCMB\u2019nin \u0130ran Sava\u015f\u0131 sonras\u0131nda ortaya \u00e7\u0131kan makro-finansal risklere kar\u015f\u0131 durdurdu\u011fu bir haftal\u0131k repo ihalelerine yeniden ba\u015flamas\u0131n\u0131 likidite \u00e7er\u00e7evesinde tam normalle\u015fme ad\u0131m\u0131 olarak de\u011ferlendirdi. Banka, mevcut enflasyon patikas\u0131 ve k\u00fcresel riskler nedeniyle do\u011frudan faiz indirimi alan\u0131n\u0131n s\u0131n\u0131rl\u0131 oldu\u011funu belirterek, y\u0131l\u0131n tek politika faizi indiriminin ekim ay\u0131nda 100 baz puanla yap\u0131laca\u011f\u0131n\u0131 ve politika faizinin y\u0131l sonunda y\u00fczde 36 seviyesine gerileyece\u011fini \u00f6ng\u00f6rd\u00fc.<\/p>\n
Goldman Sachs ise TCMB\u2019nin repo ihalelerine beklentilerinden daha erken d\u00f6nmesinin faiz tahminleri a\u00e7\u0131s\u0131ndan a\u015fa\u011f\u0131 y\u00f6nl\u00fc risk olu\u015fturdu\u011funu belirtti. Kurum, TCMB\u2019nin bir haftal\u0131k repo faizini y\u0131l sonuna kadar y\u00fczde 37 seviyesinde tutaca\u011f\u0131 y\u00f6n\u00fcndeki beklentisini korudu.<\/p>\n
TCMB\u2019nin A\u011fustos 2026 Piyasa Kat\u0131l\u0131mc\u0131lar\u0131 Anketi’ne g\u00f6re ise T\u00dcFE\u2019nin a\u011fustos ay\u0131nda y\u00fczde 1,67, eyl\u00fcl ay\u0131nda y\u00fczde 2,08 artmas\u0131 bekleniyor. 2026 y\u0131l sonu enflasyon beklentisi y\u00fczde 29,43, 2027 y\u0131l sonu beklentisi y\u00fczde 21,94 olarak a\u00e7\u0131kland\u0131.<\/p>\n
Ankette dolar\/TL\u2019nin 2026 sonunda 51,66, 12 ay sonras\u0131nda 57,43 seviyesinde olmas\u0131 beklenirken, cari a\u00e7\u0131\u011f\u0131n 2026 sonunda 50,2 milyar dolar, 2027 sonunda 44,4 milyar dolar olmas\u0131 \u00f6ng\u00f6r\u00fcld\u00fc. GSYH b\u00fcy\u00fcme beklentisi 2026 i\u00e7in y\u00fczde 3,1, 2027 i\u00e7in y\u00fczde 4,0 olarak belirlenirken, TCMB haftal\u0131k repo faizinin y\u0131l sonunda y\u00fczde 35,25 seviyesinde olaca\u011f\u0131 tahmin edildi.<\/p>\n
ABD borsalar\u0131 g\u00fcn\u00fc y\u00fckseli\u015fle tamamlad\u0131. Dow Jones y\u00fczde 0,30 art\u0131\u015fla 53.577,40 puana, S&P 500 y\u00fczde 0,32 y\u00fckseli\u015fle 7.677,28 puana, Nasdaq ise y\u00fczde 0,66 art\u0131\u015fla 26.151,30 puana \u00e7\u0131kt\u0131.<\/p>\n
Avrupa borsalar\u0131 ise g\u00fcn\u00fc kar\u0131\u015f\u0131k seyirle tamamlad\u0131. Almanya DAX y\u00fczde 0,61 y\u00fckselirken, \u0130ngiltere FTSE 100 y\u00fczde 0,29 de\u011fer kazand\u0131. Fransa CAC 40 y\u00fczde 0,16 geriledi.<\/p>\n
ABD\u2019de Conference Board t\u00fcketici g\u00fcven endeksi a\u011fustosta 0,8 puan d\u00fc\u015ferek 89,4\u2019e geriledi. Yeni konut sat\u0131\u015flar\u0131 temmuzda ayl\u0131k y\u00fczde 10,5, y\u0131ll\u0131k y\u00fczde 6,3 azald\u0131. S&P Case-Shiller Ulusal Konut Fiyat Endeksi ise haziranda y\u0131ll\u0131k y\u00fczde 1,5 artt\u0131.<\/p>\n
Almanya ekonomisi 2026\u2019n\u0131n ikinci \u00e7eyre\u011finde bir \u00f6nceki \u00e7eyre\u011fe g\u00f6re y\u00fczde 0,3, y\u0131ll\u0131k bazda y\u00fczde 1 b\u00fcy\u00fcd\u00fc. \u00dclkede Ifo i\u015f ortam\u0131 g\u00fcven endeksi de a\u011fustosta 86,7\u2019den 88,8\u2019e y\u00fckseldi.<\/p>\n
ABD Ba\u015fkan\u0131 Donald Trump, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndaki t\u00fcm may\u0131nlar\u0131n Amerikan donanmas\u0131 taraf\u0131ndan temizlendi\u011fini a\u00e7\u0131klarken, \u0130ran\u2019a y\u00f6nelik bu konuda s\u0131f\u0131r tolerans politikas\u0131 izlenece\u011fini belirtti.<\/p>\n
\u0130ran D\u0131\u015fi\u015fleri Bakanl\u0131\u011f\u0131 S\u00f6zc\u00fcs\u00fc \u0130smail Bekayi ise ABD\u2019nin \u0130ran\u2019a kar\u015f\u0131 y\u00fcr\u00fctt\u00fc\u011f\u00fc ekonomik sava\u015f\u0131n yaln\u0131zca \u0130ran\u2019\u0131 de\u011fil, t\u00fcm \u00fclkelerin ulusal egemenli\u011fini hedef ald\u0131\u011f\u0131n\u0131 savundu. Bekayi, ABD\u2019nin yeni ekonomik giri\u015fiminin uluslararas\u0131 hukukun temel ilkelerini tehdit etti\u011fini ifade etti.<\/p>\n
Kanada da ABD\u2019nin g\u00fcmr\u00fck vergilerini art\u0131rmas\u0131na kar\u015f\u0131l\u0131k yakla\u015f\u0131k 20 milyar dolar de\u011ferindeki 700\u2019den fazla ABD men\u015feli \u00fcr\u00fcne 8 Eyl\u00fcl\u2019den itibaren ek g\u00fcmr\u00fck vergisi uygulayaca\u011f\u0131n\u0131 a\u00e7\u0131klad\u0131. \u00c7elik, al\u00fcminyum, mobilya ve giyim gibi kritik sekt\u00f6rlere y\u00fczde 50; peynir, ev aletleri ve baz\u0131 deniz \u00fcr\u00fcnlerine y\u00fczde 25; elektronik ve el aletlerine ise y\u00fczde 15 g\u00fcmr\u00fck vergisi uygulanaca\u011f\u0131 bildirildi. Kanada h\u00fck\u00fcmeti ayr\u0131ca ticaret anla\u015fmazl\u0131\u011f\u0131ndan etkilenen i\u015f\u00e7i ve i\u015fletmeler i\u00e7in yakla\u015f\u0131k 5,4 milyar dolarl\u0131k destek paketi a\u00e7\u0131klad\u0131.<\/p>\n
Richmond Fed Ba\u015fkan\u0131 Tom Barkin de ABD kamu borcundaki art\u0131\u015f\u0131n devam etmesi halinde bunun ilerleyen d\u00f6nemde finansal bir hesapla\u015fmaya yol a\u00e7abilece\u011fi uyar\u0131s\u0131nda bulundu.<\/p>\n
BMD verilerine g\u00f6re 25 A\u011fustos kapan\u0131\u015f\u0131nda dolar\/TL 48,1163 seviyesinde bulunurken g\u00fcnl\u00fck de\u011fi\u015fim y\u00fczde 0,1 oldu. Euro\/TL 56,1634 seviyesinde yatay seyretti. Euro\/dolar paritesi 1,1664, dolar\/yen 159,01 oldu.<\/p>\n
Ons alt\u0131n 4.638 dolar, gram alt\u0131n 7.175,3 TL, g\u00fcm\u00fc\u015f 69,2 dolar ve gram g\u00fcm\u00fc\u015f 107,1 TL seviyesinde ger\u00e7ekle\u015fti. Brent petrol\u00fcn varil fiyat\u0131 85,8 dolara gerilerken g\u00fcnl\u00fck kay\u0131p y\u00fczde 1,7 oldu. Dolar endeksi 98,9, VIX endeksi ise 15,5 seviyesinde bulunuyor.<\/p>\n
Yeni g\u00fcne Asya piyasalar\u0131 pozitif ba\u015flarken, Dow Jones vadeli endeksi y\u00fczde 0,05 art\u0131da bulunuyor. Dolar\/TL 48,12, Euro\/TL 56,10 seviyelerinden i\u015flem g\u00f6r\u00fcyor. Dolar endeksi 98,95, Euro\/dolar paritesi 1,1660 seviyesinde. Brent petrol 85,90 dolar, ons alt\u0131n 4.625,19 dolar, gram alt\u0131n ise 7.155,25 TL seviyesinde bulunuyor.<\/p>\n
26 A\u011fustos \u00c7ar\u015famba g\u00fcn\u00fc yurt i\u00e7inde \u00f6nemli bir veri ak\u0131\u015f\u0131 bulunmuyor. Yurt d\u0131\u015f\u0131nda ise ABD\u2019de b\u00fcy\u00fcme, dayan\u0131kl\u0131 mal sipari\u015fleri, ki\u015fisel gelirler ve PCE ile \u00e7ekirdek PCE verileri takip edilecek.<\/p>\n
BMD\u2019nin 26 A\u011fustos tarihli teknik takip listesinde GENTS, FADE, VAKKO ve IHEVA hisseleri yer ald\u0131.<\/p>\n
BMD analizinde BIST-100 Endeksi\u2019nin 6,8x olan be\u015f y\u0131ll\u0131k ortalama F\/K \u00e7arpan\u0131na g\u00f6re y\u00fczde 107,6 primli i\u015flem g\u00f6rd\u00fc\u011f\u00fc belirtildi. Endeksin cari F\/K oran\u0131 14,02 seviyesinde bulunuyor.<\/p>\n
Dolar baz\u0131nda BIST-100\u2019\u00fcn 6,2x olan be\u015f y\u0131ll\u0131k ortalama F\/K oran\u0131na g\u00f6re y\u00fczde 100,9 primli oldu\u011fu ifade edildi.<\/p>\n
S\u0131nai Endeksi\u2019nin 10,9x olan be\u015f y\u0131ll\u0131k ortalama F\/K oran\u0131na g\u00f6re y\u00fczde 270,9, dolar bazl\u0131 10,1x ortalamaya g\u00f6re ise y\u00fczde 274,2 primli i\u015flem g\u00f6rd\u00fc\u011f\u00fc belirtildi. S\u0131nai Endeksi ayr\u0131ca 7,3x olan be\u015f y\u0131ll\u0131k ortalama FD\/FAV\u00d6K \u00e7arpan\u0131na g\u00f6re y\u00fczde 66,3, dolar bazl\u0131 8,7x ortalamaya g\u00f6re y\u00fczde 25,4 primli durumda.<\/p>\n
BMD Ara\u015ft\u0131rma Model Portf\u00f6y\u00fc\u2019nde BIMAS, CIMSA, EREGL, PETKM ve TUPRS hisseleri yer al\u0131rken, hisselerin hedef fiyat b\u00f6l\u00fcm\u00fcnde \u201cG\u00f6zden Ge\u00e7iriliyor\u201d ifadesi kullan\u0131ld\u0131.<\/p>\n
\u015eirketlerin d\u00f6viz pozisyonlar\u0131nda ise 622 \u015firketin toplam 1 trilyon 310 milyar 354 milyon TL net d\u00f6viz a\u00e7\u0131\u011f\u0131 bulunuyor. 313 \u015firketin 449 milyar 906 milyon TL d\u00f6viz fazlas\u0131, 309 \u015firketin ise 1 trilyon 760 milyar 260 milyon TL d\u00f6viz a\u00e7\u0131\u011f\u0131 bulunuyor.<\/p>\n
D\u00f6viz a\u00e7\u0131\u011f\u0131 en y\u00fcksek \u015firketler THYAO, SASA, TTKOM, FROTO ve ALARK olurken, d\u00f6viz fazlas\u0131 en y\u00fcksek \u015firketler ENKAI, AKFIS, GARAN, ALTNY ve AKBNK olarak s\u0131raland\u0131.<\/p>\n
<\/strong> \u0130stanbul, 26 A\u011fustos (Hibya) \u2013 Bizim Menkul De\u011ferler (BMD) analizine g\u00f6re Borsa \u0130stanbul\u2019da BIST-100 Endeksi, 25 A\u011fustos 2026 Sal\u0131 g\u00fcn\u00fc y\u00fczde 0,19 de\u011fer kaybederek 14.473,42 puandan g\u00fcn\u00fc tamamlad\u0131. Endeks g\u00fcn i\u00e7erisinde 14.341 ile 14.542 puan aras\u0131nda hareket etti.<\/p>\n","protected":false},"author":1,"featured_media":138603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[4,1,9],"tags":[],"class_list":["post-138602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/138602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=138602"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/138602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/138603"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=138602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=138602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=138602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"