ForInvest Survey Reveals Market Closing Expectations and Investor Sentiment

ForInvest's investor survey on market closing expectations has concluded. Markets have shown uneven performance due to ongoing chip sector tensions and macroeconomic uncertainties. The survey, conducted with a 62.5% participation rate, projected an average closing expectation of +0.8% following last week's -1.2% decline. The highest projection was +1.5% for the Turkish Stock Exchange (BIST100), while the lowest was -0.5% for the US S&P 500. Investors cited supply chain disruptions in the chip sector and the Fed's monetary policies as their primary concerns. Additionally, Nigeria's transfer of $1.5 billion in gold reserves to Asia-based banks has the potential to impact global gold markets. These developments have led to a temporary decline in demand for SME loans and commercial credit, prompting central banks to continue implementing macroprudential measures to support liquidity.

Markets should brace for cautious behavior as the chip crisis persists and macroeconomic uncertainties linger. The slowdown in commercial credit demand may temporarily impact banking sector profitability.