{"id":27972,"date":"2025-10-19T12:24:07","date_gmt":"2025-10-19T12:24:07","guid":{"rendered":"https:\/\/kamucalisanlari.net\/?p=27972"},"modified":"2025-10-19T12:24:07","modified_gmt":"2025-10-19T12:24:07","slug":"yapi-kredi-yatirimdan-2025-hisse-strateji-raporu","status":"publish","type":"post","link":"https:\/\/kamucalisanlari.net\/index.php\/2025\/10\/19\/yapi-kredi-yatirimdan-2025-hisse-strateji-raporu\/","title":{"rendered":"Yap\u0131 Kredi Yat\u0131r\u0131m&#8217;dan 2025 hisse strateji raporu"},"content":{"rendered":"<p><p>&#8220;Karanl\u0131k \u015eafa\u011f\u0131n E\u015fi\u011fidir&#8221; isimli raporda Trump\u2019\u0131n \u00f6zellikle tarifeler olmak \u00fczere potansiyel politikalar\u0131n\u0131n k\u00fcresel ekonomi ve piyasalar\u0131 en \u00e7ok etkileyecek unsur olaca\u011f\u0131 belirtildi.<\/p>\n<p>Raporda &#8220;K\u00fcresel hisse piyasalar\u0131nda, \u00f6zellikle ABD\u2019de yatay\/yukar\u0131 y\u00f6nl\u00fc bir e\u011filimin ard\u0131ndan DXY ve ABD 10 y\u0131ll\u0131k tahvil faizlerinin (y\u00fczde 5\u2019in \u00fczerinde) 20225 ilk \u00e7eyre\u011finde zirve yapt\u0131ktan sonra riskli varl\u0131klarda b\u00fcy\u00fck bir d\u00fczeltmenin bir dip al\u0131m f\u0131rsat\u0131 yaratabilece\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz.<\/p>\n<p>Emtialar i\u00e7in daha iyi bir y\u0131l \u00f6ng\u00f6r\u00fcrken GOP\u2019lara y\u00f6nelik duru\u015fumuz hafif olumlu. Alt\u0131n, en be\u011fendi\u011fimiz varl\u0131k s\u0131n\u0131flar\u0131ndan biri olmaya devam ediyor ve yap\u0131sal y\u00fckseli\u015f tezinin h\u00e2l\u00e2 ikna edici oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyoruz&#8221; dendi.<\/p>\n<p>TCMB\u2019nin enflasyon beklentilerini d\u00fc\u015f\u00fcrmeye y\u00f6nelik ad\u0131mlar\u0131n\u0131n TL faizleri art\u0131rmas\u0131n\u0131n BIST i\u00e7in 2024\u2019te \u00e7\u0131tay\u0131 \u00e7ok yukar\u0131 ta\u015f\u0131d\u0131\u011f\u0131 belitilen raporda &#8220;2025\u2019te de ana &#8220;yat\u0131r\u0131m hikayesi&#8221; halen dezenflasyon ve TCMB\u2019nin faiz indirimleri. \u0130ndirimlerin zamanlamas\u0131, h\u0131z\u0131 ve b\u00fcy\u00fckl\u00fc\u011f\u00fc endeksin g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn ana belirleyicisi olacak.&#8221; ifadesi yer ald\u0131.<\/p>\n<div>  <span>Description<\/span> <\/div>\n<p><b> &#8220;Enflasyonu d\u00fc\u015f\u00fcrme \u00e7abalar\u0131 BIST&#8217;in getirisini destekleyecek&#8221; <\/b><\/p>\n<p>Raporda &#8220;\u0130nceleme kapsam\u0131m\u0131z\u0131n \u00e7o\u011fu -bilhassa bankalar- i\u00e7in, 2025\u2019te, 2024\u2019\u00fcn d\u00fc\u015f\u00fck baz\u0131 sayesinde daha iyi finansallar bekliyoruz ve bunun 2Y25\u2019te d\u00fc\u015fen enflasyonla g\u00f6r\u00fcl\u00fcr olmas\u0131n\u0131 bekliyoruz. Enflasyonu d\u00fc\u015f\u00fcrme \u00e7abalar\u0131n\u0131n ama\u00e7lanan sonu\u00e7lar\u0131 vermesini ve nihayetinde BIST&#8217;in t\u00fcm y\u0131l getirisini desteklemesini bekliyoruz, ancak y\u00fckselli\u015fin ini\u015fli \u00e7\u0131k\u0131\u015fl\u0131 olmas\u0131 kuvvetlle muhtemel 12A endeks hedefimiz ~14.5K, TL cinsinden ~y\u00fczde 50&#8217;lik bir art\u0131\u015f potansiyeli bar\u0131nd\u0131r\u0131yor&#8221; de\u011ferlendirmesine yer verildi.<\/p>\n<p>GSYH b\u00fcy\u00fcmesinin 2025\u2019te y\u00fczde 3,2 ile 2024\u2019teki y\u00fczde 2,9\u2019a g\u00f6re toparlanmas\u0131n\u0131 bekleyen kurum dezenflasyon i\u00e7in kritik \u00f6neme sahip i\u00e7 talepteki so\u011fuma e\u011filimine dair net bir i\u015faretin hen\u00fcz g\u00f6r\u00fclmedi\u011fini vurgulad\u0131.<\/p>\n<p>Y\u00fcksek g\u0131da fiyatlar\u0131 ve yap\u0131\u015fkan hizmet enflasyonunun zorlad\u0131\u011f\u0131 T\u00dcFE\u2019nin 2025 y\u0131l sonunda y\u00fczde 27,8\u2019e d\u00fc\u015fece\u011fi \u00f6ng\u00f6r\u00fcld\u00fc.<\/p>\n<p>2024&#8217;te para politikas\u0131n\u0131n mali politikalardan yeterli destek almad\u0131\u011f\u0131 kaydedilerek &#8220;Bunun 2025\u2019te k\u0131smen de\u011fi\u015fmesi muhtemel. B\u00fct\u00e7e a\u00e7\u0131\u011f\u0131n\u0131n 2024\u2019teki y\u00fczde 4,9\u2019a k\u0131yasla 2025\u2019te y\u00fczde 3,1 olmas\u0131n\u0131 bekliyoruz. Zay\u0131f ekonomik aktivite, daha d\u00fc\u015f\u00fck enerji fiyatlar\u0131 ve alt\u0131n ithalat\u0131ndaki azalman\u0131n etkisiyle, cari a\u00e7\u0131k 2024\u2019te rekor darald\u0131. Bu etmenlerin 2025&#8217;te de GSY\u0130H&#8217;n\u0131n y\u00fczde 2,2&#8217;sinde kalmas\u0131nda etkin olmas\u0131n\u0131 bekliyoruz&#8221; ifadesi kullan\u0131ld\u0131.<\/p>\n<div>\n<p>T\u00fcrkiye\u2019nin MSCI\u2019daki a\u011f\u0131rl\u0131\u011f\u0131n\u0131n 2022\u2019deki y\u00fczde 0,2\u2019lerden 2025 ba\u015f\u0131nda y\u00fczde 0,8\u2019lere y\u00fckseldi\u011fi hat\u0131rlat\u0131larak &#8220;Mevcut tarihsel zirvelerin olduk\u00e7a alt\u0131nda de\u011ferlemeler, k\u0131sa vadede, y\u00fcksek faizler nedeniyle cazip g\u00f6z\u00fckmese de, uzun vade i\u00e7in al\u0131m f\u0131rsat\u0131 sunmaktad\u0131r. Y\u00fcksek enflasyonla ba\u015fa \u00e7\u0131kabilen (fiyatlama g\u00fcc\u00fc olan) finansallar\u0131 y\u00fcksek faiz ve de\u011ferli TL\u2019den faydalanan, net i\u015fletme sermaye ihtiyac\u0131 ve bor\u00e7lulu\u011fu d\u00fc\u015f\u00fck \u015firketleri \u00f6nceliklerimiz \u0131\u015f\u0131\u011f\u0131nda olu\u015fturdu\u011fumuz Model Portf\u00f6y\u00fcm\u00fczi TTKOM\u2019un yerine TCELL\u2019i eklememiz sonras\u0131: BIMAS, THYAO, AGHOL, AKSEN, MAVI, VAKBN, GARAN, TABGD, TSKB, TCELL hisselerinden olu\u015fmaktad\u0131r.&#8221; dendi.<\/p>\n<\/div>\n<\/p>\n<p><\/p>\n<p>Kaynak :\u00a0<span style=\"background-color: rgb(255, 249, 236); color: rgb(55, 58, 60); font-size: 14px;\">https:\/\/www.bloomberght.com\/yapi-kredi-yatirim-dan-2025-hisse-strateji-raporu-3742403<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yap\u0131 Kredi Yat\u0131r\u0131m ara\u015ft\u0131rma ekibi taraf\u0131ndan haz\u0131rlanan 2025 hisse senedi strateji raporu yay\u0131mland\u0131.<\/p>\n","protected":false},"author":1,"featured_media":27973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2228,227,405],"manset":[],"class_list":["post-27972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-bekliyoruz","tag-enflasyon","tag-faiz"],"_links":{"self":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/27972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/comments?post=27972"}],"version-history":[{"count":1,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/27972\/revisions"}],"predecessor-version":[{"id":27974,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/posts\/27972\/revisions\/27974"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media\/27973"}],"wp:attachment":[{"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/media?parent=27972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/categories?post=27972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/tags?post=27972"},{"taxonomy":"manset","embeddable":true,"href":"https:\/\/kamucalisanlari.net\/index.php\/wp-json\/wp\/v2\/manset?post=27972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}