Raporda, BIST 100\u2019\u00fcn haftan\u0131n ilk i\u015flem g\u00fcn\u00fcne y\u00fczde 0,86 d\u00fc\u015f\u00fc\u015fle 14.462,37 puandan ba\u015flad\u0131\u011f\u0131, g\u00fcn i\u00e7inde 14.414\u201314.610 aral\u0131\u011f\u0131nda hareket etti\u011fi ve g\u00fcn\u00fc y\u00fczde 0,71 kay\u0131pla 14.484,91 puandan tamamlad\u0131\u011f\u0131 aktar\u0131ld\u0131. Bankac\u0131l\u0131k endeksinin y\u00fczde 1,54 de\u011fer kaybetti\u011fi, s\u0131nai endeksin ise y\u00fczde 0,16 y\u00fckseldi\u011fi belirtildi.<\/p>\n
T\u00fcrkiye tahvil piyasas\u0131nda 2 y\u0131ll\u0131k tahvil faizinin 38 baz puan art\u0131\u015fla y\u00fczde 39,62\u2019ye, 10 y\u0131ll\u0131k tahvil faizinin ise 19 baz puan y\u00fckseli\u015fle y\u00fczde 31,93 seviyesine \u00e7\u0131kt\u0131\u011f\u0131 ifade edildi. Dolar\/TL\u2019nin 44,82\u201344,89, Euro\/TL\u2019nin ise 52,63\u201352,96 aral\u0131\u011f\u0131nda i\u015flem g\u00f6rd\u00fc\u011f\u00fc, T\u00fcrkiye\u2019nin 5 y\u0131ll\u0131k CDS priminin 230,4 seviyesinde bulundu\u011fu kaydedildi.<\/p>\n
Makroekonomik verilere ili\u015fkin de\u011ferlendirmede, T\u00fcrkiye \u0130statistik Kurumu verilerine g\u00f6re tar\u0131m girdi fiyat endeksinin (Tar\u0131m-GFE) \u015fubat ay\u0131nda ayl\u0131k y\u00fczde 3,10, y\u0131ll\u0131k y\u00fczde 31,55 artt\u0131\u011f\u0131; yurt d\u0131\u015f\u0131 \u00fcretici fiyat endeksinin (YD-\u00dcFE) ise mart ay\u0131nda ayl\u0131k y\u00fczde 3,94, y\u0131ll\u0131k y\u00fczde 35,40 y\u00fckseldi\u011fi belirtildi.<\/p>\n
Raporda, S&P Global Market Intelligence\u2019\u0131n, T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131\u2019n\u0131n 22 Nisan tarihli toplant\u0131s\u0131nda faiz oranlar\u0131n\u0131 sabit b\u0131rakmas\u0131n\u0131n daha olas\u0131 oldu\u011funu, bununla birlikte para politikas\u0131nda s\u0131k\u0131la\u015ft\u0131r\u0131c\u0131 ad\u0131mlar\u0131n devam edebilece\u011fini \u00f6ng\u00f6rd\u00fc\u011f\u00fc aktar\u0131ld\u0131.<\/p>\n
K\u00fcresel piyasalara ili\u015fkin b\u00f6l\u00fcmde, ABD borsalar\u0131nda negatif bir seyrin izlendi\u011fi belirtilerek Dow Jones\u2019un y\u00fczde 0,01 d\u00fc\u015f\u00fc\u015fle 49.442,56 puana, S&P 500\u2019\u00fcn y\u00fczde 0,24 kay\u0131pla 7.109,14 puana ve Nasdaq\u2019\u0131n y\u00fczde 0,26 d\u00fc\u015f\u00fc\u015fle 24.404,39 puana geriledi\u011fi ifade edildi. Avrupa borsalar\u0131n\u0131n da g\u00fcn\u00fc d\u00fc\u015f\u00fc\u015fle tamamlad\u0131\u011f\u0131 kaydedildi.<\/p>\n
Jeopolitik geli\u015fmelere de yer verilen raporda, Donald Trump\u2019\u0131n \u0130ran ile m\u00fczakerelere ili\u015fkin a\u00e7\u0131klamalar\u0131na yer verildi\u011fi, anla\u015fma sa\u011flanamamas\u0131 halinde ge\u00e7ici ate\u015fkes s\u00fcresinin uzat\u0131lmas\u0131n\u0131n d\u00fc\u015f\u00fck ihtimal oldu\u011funu ifade etti\u011fi aktar\u0131ld\u0131. \u0130ran Cumhurba\u015fkan\u0131 Mesud Peze\u015fkiyan\u2019\u0131n ise ABD\u2019li yetkililerin a\u00e7\u0131klamalar\u0131n\u0131n yap\u0131c\u0131 olmad\u0131\u011f\u0131n\u0131 belirtti\u011fi ifade edildi.<\/p>\n
Raporda ayr\u0131ca, ABD G\u00fcmr\u00fck ve S\u0131n\u0131r Muhafaza biriminin, daha \u00f6nce uygulanan tarifelerin iadesine y\u00f6nelik sistemin ilk a\u015famas\u0131n\u0131 devreye ald\u0131\u011f\u0131 bilgisine yer verildi. Kevin Warsh\u2019\u0131n, Federal Reserve ba\u015fkanl\u0131\u011f\u0131na aday g\u00f6sterilmesi halinde kurumun ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131n\u0131 koruyaca\u011f\u0131n\u0131 ifade etti\u011fi aktar\u0131ld\u0131.<\/p>\n
Enerji piyasalar\u0131na ili\u015fkin de\u011ferlendirmede, Uluslararas\u0131 Enerji Ajans\u0131 Ba\u015fkan\u0131 Fatih Birol\u2019un, k\u00fcresel enerji piyasalar\u0131nda \u00f6n\u00fcm\u00fczdeki d\u00f6nemde volatilitenin s\u00fcrebilece\u011fine y\u00f6nelik de\u011ferlendirmelerine yer verildi.<\/p>\n
Yeni g\u00fcne ili\u015fkin beklentilerde, Asya piyasalar\u0131n\u0131n kar\u0131\u015f\u0131k bir seyir izledi\u011fi, ABD vadeli endekslerinde ise s\u0131n\u0131rl\u0131 y\u00fckseli\u015f g\u00f6r\u00fcld\u00fc\u011f\u00fc ifade edildi. Dolar\/TL\u2019nin 44,89, Euro\/TL\u2019nin 52,93 seviyelerinde i\u015flem g\u00f6rd\u00fc\u011f\u00fc; dolar endeksinin 98,14, euro\/dolar paritesinin 1,1770 seviyesinde bulundu\u011fu belirtildi. Brent petrol\u00fcn 94,63 dolar, alt\u0131n\u0131n ons fiyat\u0131n\u0131n 4.778,77 dolar ve gram alt\u0131n\u0131n 6.896,07 lira seviyelerinde oldu\u011fu aktar\u0131ld\u0131.<\/p>\n
G\u00fcn\u00fcn veri g\u00fcndeminde yurt i\u00e7inde kapasite kullan\u0131m oran\u0131, yurt d\u0131\u015f\u0131nda ise ABD\u2019de perakende sat\u0131\u015flar, i\u015fletme stoklar\u0131 ve bekleyen konut sat\u0131\u015flar\u0131 verilerinin takip edilece\u011fi kaydedildi.<\/p>\n
T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 taraf\u0131ndan yay\u0131mlanan Nisan 2026 Piyasa Kat\u0131l\u0131mc\u0131lar\u0131 Anketi\u2019ne de yer verilen raporda, y\u0131l sonu enflasyon beklentisinin y\u00fczde 27,53, 2027 y\u0131l sonu beklentisinin y\u00fczde 20,13 oldu\u011fu ifade edildi. Dolar\/TL kurunun 2026 sonunda 51,23, 12 ay sonras\u0131nda ise 53,62 seviyesinde olmas\u0131n\u0131n beklendi\u011fi; cari a\u00e7\u0131\u011f\u0131n 2026 sonunda 44,3 milyar dolar, 2027\u2019de 39,8 milyar dolar seviyesinde \u00f6ng\u00f6r\u00fcld\u00fc\u011f\u00fc belirtildi. GSYH b\u00fcy\u00fcmesinin 2026 ve 2027 y\u0131llar\u0131nda s\u0131ras\u0131yla y\u00fczde 3,5 ve y\u00fczde 4,1 olmas\u0131n\u0131n beklendi\u011fi, politika faizinin ilk toplant\u0131da y\u00fczde 37,75 ve y\u0131l sonunda y\u00fczde 32,94 seviyesinde olaca\u011f\u0131n\u0131n tahmin edildi\u011fi aktar\u0131ld\u0131.<\/p>\n
Raporda ayr\u0131ca, 21-28 Nisan 2026 d\u00f6nemi teknik takip listesinde EREGL, TUPRS, GESAN, KBORU ve KOPOL hisselerinin yer ald\u0131\u011f\u0131 belirtildi.<\/p>\n
BIST 100 i\u00e7in yap\u0131lan de\u011ferlendirmede, endeksin 6,8x seviyesindeki 5 y\u0131ll\u0131k ortalama F\/K oran\u0131na g\u00f6re y\u00fczde 148,2 primli i\u015flem g\u00f6rd\u00fc\u011f\u00fc aktar\u0131ld\u0131
\n.
\nBIST 100 i\u00e7in yap\u0131lan de\u011ferlendirmede, endeksin 6,2x seviyesindeki dolar bazl\u0131 5 y\u0131ll\u0131k ortalama F\/K oran\u0131na g\u00f6re y\u00fczde 143,8 primli i\u015flem g\u00f6rd\u00fc\u011f\u00fc aktar\u0131ld\u0131.
\n\u00a0
\nS\u0131nai Endeksi i\u00e7in yap\u0131lan de\u011ferlendirmede, endeksin 10,7x seviyesindeki 5 y\u0131ll\u0131k ortalama F\/K oran\u0131na g\u00f6re y\u00fczde 1023,6 primli i\u015flem g\u00f6rd\u00fc\u011f\u00fc aktar\u0131ld\u0131.
\n\u00a0
\nS\u0131nai Endeksi\u2019nin, dolar bazl\u0131 5 y\u0131ll\u0131k ortalama F\/K oran\u0131na g\u00f6re y\u00fczde 1060,7 primli i\u015flem g\u00f6rd\u00fc\u011f\u00fc ifade edildi.
\n\u00a0
\nS\u0131nai Endeksi\u2019nin, 5 y\u0131ll\u0131k ortalama 7,2x FD\/FAV\u00d6K \u00e7arpan\u0131na g\u00f6re y\u00fczde 64,3 primli i\u015flem g\u00f6rd\u00fc\u011f\u00fc ifade edildi.
\n\u00a0
\nS\u0131nai Endeksi\u2019nin, dolar bazl\u0131 5 y\u0131ll\u0131k ortalama 8,3x FD\/FAV\u00d6K \u00e7arpan\u0131na g\u00f6re y\u00fczde 35,0 primli i\u015flem g\u00f6rd\u00fc\u011f\u00fc ifade edildi.
\n\u00a0<\/p>\n
Rapora g\u00f6re, T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131\u2019n\u0131n (TCMB) 2019\u20132026 d\u00f6neminde politika faizinde olduk\u00e7a dalgal\u0131 ve \u00e7ok a\u015famal\u0131 bir patika izlendi\u011fi aktar\u0131ld\u0131.<\/p>\n
Raporda, 2019 y\u0131l\u0131nda tamam\u0131 ikinci yar\u0131da olmak \u00fczere toplam 1.200 baz puan indirimle politika faizinin y\u00fczde 12,00 seviyesine \u00e7ekildi\u011fi ifade edildi. 2020 y\u0131l\u0131nda da indirim s\u00fcrecinin devam etti\u011fi, y\u0131l\u0131n ilk be\u015f toplant\u0131s\u0131nda toplam 375 baz puan indirimle haftal\u0131k repo faizinin y\u00fczde 8,25\u2019e indirildi\u011fi kaydedildi.<\/p>\n
24 Eyl\u00fcl 2020\u2019de iki y\u0131l aradan sonra ilk faiz art\u0131r\u0131m\u0131n\u0131n yap\u0131ld\u0131\u011f\u0131 ve politika faizinin 200 baz puan art\u0131r\u0131larak y\u00fczde 10,25\u2019e y\u00fckseltildi\u011fi belirtildi. 22 Ekim toplant\u0131s\u0131nda faiz oran\u0131n\u0131n y\u00fczde 10,25 seviyesinde sabit b\u0131rak\u0131ld\u0131\u011f\u0131 aktar\u0131ld\u0131. Naci A\u011fbal\u2019\u0131n g\u00f6reve gelmesinin ard\u0131ndan 19 Kas\u0131m toplant\u0131s\u0131nda 475 baz puan art\u0131\u015fla faizin y\u00fczde 15,00\u2019e \u00e7\u0131kar\u0131ld\u0131\u011f\u0131, 24 Aral\u0131k toplant\u0131s\u0131nda ise 200 baz puan daha art\u0131r\u0131larak y\u00fczde 17 seviyesine y\u00fckseltildi\u011fi ifade edildi.<\/p>\n
2021 y\u0131l\u0131 Ocak ve \u015eubat ay\u0131 toplant\u0131lar\u0131nda faiz de\u011fi\u015fikli\u011fine gidilmedi\u011fi, Mart toplant\u0131s\u0131nda ise 200 baz puan art\u0131\u015fla faizin y\u00fczde 19\u2019a \u00e7\u0131kar\u0131ld\u0131\u011f\u0131 kaydedildi. 6 May\u0131s, 17 Haziran, 14 Temmuz ve 12 A\u011fustos PPK toplant\u0131lar\u0131nda faiz oran\u0131n\u0131n y\u00fczde 19 seviyesinde sabit tutuldu\u011fu aktar\u0131ld\u0131.<\/p>\n
TCMB\u2019nin 23 Eyl\u00fcl toplant\u0131s\u0131nda 100 baz puan, 21 Ekim\u2019de 200 baz puan, 18 Kas\u0131m\u2019da 100 baz puan ve 16 Aral\u0131k toplant\u0131s\u0131nda 100 baz puan indirim yaparak politika faizini y\u00fczde 14 seviyesine \u00e7ekti\u011fi belirtildi. 2022 y\u0131l\u0131n\u0131n ilk toplant\u0131s\u0131nda faizin y\u00fczde 14 seviyesinde sabit b\u0131rak\u0131ld\u0131\u011f\u0131 ifade edildi. 2022 y\u0131l\u0131 boyunca yap\u0131lan \u015eubat\u2013Temmuz d\u00f6nemindeki toplant\u0131larda da faiz de\u011fi\u015fikli\u011fine gidilmedi\u011fi kaydedildi.<\/p>\n
A\u011fustos 2022\u2019de ba\u015flayan indirim s\u00fcrecinde s\u0131ras\u0131yla 100, 100, 150 ve 150 baz puan indirimlerle politika faizinin y\u00fczde 9,00 seviyesine \u00e7ekildi\u011fi, y\u0131l\u0131n son toplant\u0131s\u0131nda ise sabit b\u0131rak\u0131ld\u0131\u011f\u0131 aktar\u0131ld\u0131.<\/p>\n
2023 y\u0131l\u0131nda ilk iki toplant\u0131da faiz de\u011fi\u015fikli\u011fi yap\u0131lmad\u0131\u011f\u0131, \u015eubat toplant\u0131s\u0131nda 50 baz puan indirimle faizin y\u00fczde 8,50\u2019ye indirildi\u011fi ifade edildi. Mart, Nisan ve May\u0131s toplant\u0131lar\u0131nda faiz oran\u0131n\u0131n y\u00fczde 8,50 seviyesinde sabit tutuldu\u011fu kaydedildi.<\/p>\n
Haziran 2023\u2019ten itibaren yeniden s\u0131k\u0131la\u015fma s\u00fcrecine ge\u00e7ildi\u011fi, s\u0131ras\u0131yla 650, 250, 750, 500, 500, 500 ve 250 baz puan art\u0131\u015flarla politika faizinin y\u00fczde 42,50 seviyesine y\u00fckseltildi\u011fi aktar\u0131ld\u0131.<\/p>\n
2024 y\u0131l\u0131nda ilk toplant\u0131da 250 baz puan art\u0131\u015fla faizin y\u00fczde 45,00\u2019e \u00e7\u0131kar\u0131ld\u0131\u011f\u0131, ard\u0131ndan sabit b\u0131rak\u0131ld\u0131\u011f\u0131 ifade edildi. Mart 2024 toplant\u0131s\u0131nda 500 baz puan art\u0131\u015fla politika faizinin y\u00fczde 50 seviyesine y\u00fckseltildi\u011fi, y\u0131l boyunca yap\u0131lan toplant\u0131larda bu seviyenin korundu\u011fu kaydedildi.<\/p>\n
Aral\u0131k 2024 toplant\u0131s\u0131nda 250 baz puan indirimle faizin y\u00fczde 47,50\u2019ye \u00e7ekildi\u011fi belirtildi. 2025 y\u0131l\u0131nda ise ilk iki toplant\u0131da 250\u2019\u015fer baz puan indirim yap\u0131larak faizin y\u00fczde 42,50\u2019ye indirildi\u011fi, Nisan ay\u0131nda ise 350 baz puan art\u0131\u015fla y\u00fczde 46 seviyesine \u00e7\u0131kar\u0131ld\u0131\u011f\u0131 ifade edildi.<\/p>\n
Haziran 2025\u2019te faizin y\u00fczde 46 seviyesinde sabit b\u0131rak\u0131ld\u0131\u011f\u0131, Temmuz toplant\u0131s\u0131nda 300 baz puan, Eyl\u00fcl toplant\u0131s\u0131nda 250 baz puan, Ekim toplant\u0131s\u0131nda 100 baz puan ve Aral\u0131k toplant\u0131s\u0131nda 150 baz puan indirimle y\u00fczde 38,00 seviyesine geriledi\u011fi kaydedildi.<\/p>\n
2026 y\u0131l\u0131n\u0131n ilk toplant\u0131s\u0131nda 100 baz puan indirimle politika faizinin y\u00fczde 37 seviyesine \u00e7ekildi\u011fi, Mart toplant\u0131s\u0131nda ise y\u00fczde 37,00 seviyesinde sabit b\u0131rak\u0131ld\u0131\u011f\u0131 aktar\u0131ld\u0131.<\/p>\n
<\/strong> \u0130stanbul, 21 Nisan (Hibya) – Bizim Menkul De\u011ferler taraf\u0131ndan yay\u0131mlanan \u201cPiyasalara Analitik Bak\u0131\u015f\u201d raporunda, yurt i\u00e7i ve k\u00fcresel piyasalarda haftan\u0131n ilk i\u015flem g\u00fcn\u00fcne ili\u015fkin geli\u015fmeler ile beklentiler payla\u015f\u0131ld\u0131.<\/p>\n","protected":false},"author":1,"featured_media":73943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[1,9],"tags":[],"class_list":["post-73942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/73942","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=73942"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/73942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/73943"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=73942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=73942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=73942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"