{"id":4820,"date":"2026-04-26T11:50:18","date_gmt":"2026-04-26T08:50:18","guid":{"rendered":"https:\/\/tr.sektorturk.com\/?p=4820"},"modified":"2026-04-26T11:50:18","modified_gmt":"2026-04-26T08:50:18","slug":"iran-savasiyla-sarsilan-piyasalarda-guclu-geri-donus","status":"publish","type":"post","link":"https:\/\/tr.sektorturk.com\/?p=4820","title":{"rendered":"\u0130RAN SAVA\u015eIYLA SARSILAN P\u0130YASALARDA G\u00dc\u00c7L\u00dc GER\u0130 D\u00d6N\u00dc\u015e"},"content":{"rendered":"\n

\u0130RAN SAVA\u015eIYLA SARSILAN P\u0130YASALARDA G\u00dc\u00c7L\u00dc GER\u0130 D\u00d6N\u00dc\u015e<\/strong><\/p>\n\n\n\n

K\u00fcresel finans piyasalar\u0131, Orta Do\u011fu\u2019da t\u0131rmanan jeopolitik gerilimlerin ard\u0131ndan \u00f6nce sert bir sat\u0131\u015f dalgas\u0131na sahne oldu, ard\u0131ndan ise beklenmedik bir h\u0131zla toparlanma s\u00fcrecine girdi. \u00d6zellikle \u0130ran merkezli \u00e7at\u0131\u015fma riskinin artmas\u0131yla birlikte yat\u0131r\u0131mc\u0131lar\u0131n risk i\u015ftah\u0131 keskin bi\u00e7imde d\u00fc\u015ferken, bu panik havas\u0131 yerini k\u0131sa s\u00fcrede yeniden al\u0131m i\u015ftah\u0131na b\u0131rakt\u0131. Bu \u00e7alkant\u0131l\u0131 s\u00fcre\u00e7te dikkat \u00e7eken geli\u015fmelerden biri ise T\u00fcrkiye\u2019nin ana hisse senedi endeksi olan BIST 100\u2019\u00fcn k\u00fcresel \u00f6l\u00e7ekte en h\u0131zl\u0131 toparlanan endekslerden biri olarak ikinci s\u0131raya y\u00fckselmesi oldu.<\/p>\n\n\n\n

\u0130lk etapta piyasalarda ya\u015fanan sert d\u00fc\u015f\u00fc\u015flerin temelinde, enerji fiyatlar\u0131nda ani y\u00fckseli\u015f ve k\u00fcresel ticaret yollar\u0131na ili\u015fkin belirsizlikler yer ald\u0131. \u0130ran ile ba\u011flant\u0131l\u0131 \u00e7at\u0131\u015fma riskinin artmas\u0131, petrol arz\u0131na y\u00f6nelik endi\u015feleri tetiklerken, yat\u0131r\u0131mc\u0131lar\u0131n g\u00fcvenli limanlara y\u00f6nelmesine neden oldu. Bu s\u00fcre\u00e7te \u00f6zellikle geli\u015fmekte olan \u00fclke piyasalar\u0131 ciddi sat\u0131\u015f bask\u0131s\u0131yla kar\u015f\u0131 kar\u015f\u0131ya kald\u0131. T\u00fcrkiye de bu dalgadan nasibini ald\u0131 ve Borsa \u0130stanbul b\u00fcnyesindeki hisselerde k\u0131sa s\u00fcrede belirgin de\u011fer kay\u0131plar\u0131 g\u00f6zlendi.<\/p>\n\n\n\n

Ancak piyasalarda panik sat\u0131\u015flar\u0131n\u0131n ard\u0131ndan gelen ikinci faz, daha rasyonel fiyatlamalar\u0131n \u00f6n plana \u00e7\u0131kt\u0131\u011f\u0131 bir d\u00f6nem oldu. Jeopolitik risklerin fiyatlara h\u0131zl\u0131 bi\u00e7imde yans\u0131t\u0131lmas\u0131 ve ard\u0131ndan bu risklerin k\u0131smen kontrol alt\u0131na al\u0131nabilece\u011fine y\u00f6nelik beklentiler, yat\u0131r\u0131mc\u0131lar\u0131n yeniden pozisyon almas\u0131na zemin haz\u0131rlad\u0131. \u0130\u015fte tam bu noktada T\u00fcrkiye piyasalar\u0131n\u0131n g\u00f6rece cazip de\u011ferlemeleri \u00f6n plana \u00e7\u0131kt\u0131.<\/p>\n\n\n\n

Uzmanlara g\u00f6re BIST 100\u2019\u00fcn bu h\u0131zl\u0131 toparlanmas\u0131nda \u00fc\u00e7 temel fakt\u00f6r etkili oldu. \u0130lk olarak, T\u00fcrk hisse senetlerinin uluslararas\u0131 benzerlerine k\u0131yasla uzun s\u00fcredir iskontolu i\u015flem g\u00f6rmesi, yabanc\u0131 yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan \u00f6nemli bir f\u0131rsat yaratt\u0131. \u0130kinci olarak, kur taraf\u0131ndaki g\u00f6rece istikrar ve ekonomi y\u00f6netiminin att\u0131\u011f\u0131 normalle\u015fme ad\u0131mlar\u0131 g\u00fcveni destekledi. \u00dc\u00e7\u00fcnc\u00fc olarak ise bankac\u0131l\u0131k ve sanayi hisselerinde g\u00f6r\u00fclen g\u00fc\u00e7l\u00fc bilan\u00e7o beklentileri, endekse yukar\u0131 y\u00f6nl\u00fc ivme kazand\u0131rd\u0131.<\/p>\n\n\n\n

\u00d6zellikle bankac\u0131l\u0131k sekt\u00f6r\u00fc hisseleri, bu toparlanma s\u00fcrecinde lokomotif rol \u00fcstlendi. Faiz politikas\u0131ndaki \u00f6ng\u00f6r\u00fclebilirlik ve finansal sistemdeki dengelenme \u00e7abalar\u0131, bankalar\u0131n k\u00e2rl\u0131l\u0131k g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc iyile\u015ftirirken yat\u0131r\u0131mc\u0131 ilgisini art\u0131rd\u0131. Ayn\u0131 \u015fekilde ihracat a\u011f\u0131rl\u0131kl\u0131 sanayi \u015firketleri de k\u00fcresel talep ko\u015fullar\u0131ndaki toparlanma beklentileriyle birlikte g\u00fc\u00e7l\u00fc performans sergiledi.<\/p>\n\n\n\n

K\u00fcresel kar\u015f\u0131la\u015ft\u0131rmalara bak\u0131ld\u0131\u011f\u0131nda, T\u00fcrkiye\u2019nin bu d\u00f6nemde bir\u00e7ok geli\u015fmekte olan \u00fclkeyi geride b\u0131rakt\u0131\u011f\u0131 g\u00f6r\u00fcl\u00fcyor. Latin Amerika ve Asya piyasalar\u0131nda toparlanma daha s\u0131n\u0131rl\u0131 kal\u0131rken, T\u00fcrkiye\u2019nin daha h\u0131zl\u0131 reaksiyon vermesi dikkat \u00e7ekti. Bu durum, hem yerli yat\u0131r\u0131mc\u0131lar\u0131n piyasaya olan g\u00fcveninin s\u00fcrd\u00fc\u011f\u00fcn\u00fc hem de yabanc\u0131 yat\u0131r\u0131mc\u0131 giri\u015flerinin yeniden ba\u015flad\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n\n\n\n

Analistler, BIST 100\u2019\u00fcn ikinci s\u0131raya y\u00fckselmesini sadece k\u0131sa vadeli bir teknik toparlanma olarak de\u011fil, ayn\u0131 zamanda orta vadeli bir yeniden fiyatlama s\u00fcrecinin ba\u015flang\u0131c\u0131 olarak de\u011ferlendiriyor. \u00d6zellikle T\u00fcrkiye ekonomisinde uygulanan Ortodoks politikalar\u0131n devam etmesi halinde, bu y\u00fckseli\u015f trendinin kal\u0131c\u0131 olabilece\u011fi ifade ediliyor.<\/p>\n\n\n\n

Bununla birlikte riskler tamamen ortadan kalkm\u0131\u015f de\u011fil. \u0130ran merkezli jeopolitik geli\u015fmelerin yeniden t\u0131rmanmas\u0131 durumunda piyasalarda yeni dalgalanmalar ya\u015fanabilece\u011fi uyar\u0131s\u0131 yap\u0131l\u0131yor. Ayr\u0131ca k\u00fcresel faiz oranlar\u0131n\u0131n seyri, ABD ekonomisinin performans\u0131 ve enerji fiyatlar\u0131n\u0131n y\u00f6n\u00fc de T\u00fcrkiye piyasalar\u0131n\u0131n gelece\u011fi a\u00e7\u0131s\u0131ndan belirleyici olacak.<\/p>\n\n\n\n

Yat\u0131r\u0131mc\u0131 davran\u0131\u015flar\u0131 a\u00e7\u0131s\u0131ndan bak\u0131ld\u0131\u011f\u0131nda ise bu s\u00fcre\u00e7 \u00f6nemli dersler i\u00e7eriyor. Panik sat\u0131\u015flar\u0131n\u0131n ard\u0131ndan gelen h\u0131zl\u0131 toparlanma, piyasalarda zamanlaman\u0131n ne denli kritik oldu\u011funu bir kez daha ortaya koydu. Uzun vadeli perspektife sahip yat\u0131r\u0131mc\u0131lar\u0131n bu t\u00fcr dalgalanmalardan daha az etkilendi\u011fi ve f\u0131rsatlar\u0131 daha iyi de\u011ferlendirdi\u011fi g\u00f6zlemlendi.<\/p>\n\n\n\n

Sonu\u00e7 olarak, \u0130ran sava\u015f\u0131yla tetiklenen k\u00fcresel sat\u0131\u015f dalgas\u0131, k\u0131sa s\u00fcrede yerini g\u00fc\u00e7l\u00fc bir toparlanmaya b\u0131rakt\u0131. T\u00fcrkiye ise bu s\u00fcre\u00e7te g\u00f6sterdi\u011fi performansla \u00f6ne \u00e7\u0131kan \u00fclkeler aras\u0131nda yer ald\u0131. BIST 100\u2019\u00fcn k\u00fcresel ligde ikinci s\u0131raya y\u00fckselmesi hem mevcut ekonomik politikalar\u0131n etkisini hem de piyasan\u0131n potansiyelini ortaya koyuyor. \u00d6n\u00fcm\u00fczdeki d\u00f6nemde bu performans\u0131n s\u00fcrd\u00fcr\u00fclebilir olup olmayaca\u011f\u0131 ise hem i\u00e7 dinamiklere hem de k\u00fcresel geli\u015fmelere ba\u011fl\u0131 olarak \u015fekillenecek.<\/p>\n\n\n\n

Kaynak: Euronews<\/p>\n\n\n\n

ZAFER \u00d6ZC\u0130VAN<\/p>\n\n\n\n

Ekonomist-Yazar<\/p>\n\n\n\n

Zaferozcivan59@gmail.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u0130RAN SAVA\u015eIYLA SARSILAN P\u0130YASALARDA G\u00dc\u00c7L\u00dc GER\u0130 D\u00d6N\u00dc\u015e K\u00fcresel finans piyasalar\u0131, Orta Do\u011fu\u2019da t\u0131rmanan jeopolitik gerilimlerin ard\u0131ndan \u00f6nce sert bir sat\u0131\u015f dalgas\u0131na sahne oldu, ard\u0131ndan ise beklenmedik bir h\u0131zla toparlanma s\u00fcrecine girdi. \u00d6zellikle \u0130ran merkezli \u00e7at\u0131\u015fma riskinin artmas\u0131yla birlikte yat\u0131r\u0131mc\u0131lar\u0131n risk i\u015ftah\u0131 keskin bi\u00e7imde d\u00fc\u015ferken, bu panik havas\u0131 yerini k\u0131sa s\u00fcrede yeniden al\u0131m i\u015ftah\u0131na b\u0131rakt\u0131. Bu \u00e7alkant\u0131l\u0131 s\u00fcre\u00e7te dikkat \u00e7eken geli\u015fmelerden biri ise T\u00fcrkiye\u2019nin ana hisse senedi endeksi olan BIST 100\u2019\u00fcn k\u00fcresel \u00f6l\u00e7ekte en h\u0131zl\u0131 toparlanan endekslerden biri olarak ikinci s\u0131raya y\u00fckselmesi oldu. \u0130lk etapta piyasalarda ya\u015fanan sert d\u00fc\u015f\u00fc\u015flerin temelinde, enerji fiyatlar\u0131nda ani y\u00fckseli\u015f ve k\u00fcresel ticaret yollar\u0131na ili\u015fkin belirsizlikler yer ald\u0131. \u0130ran ile ba\u011flant\u0131l\u0131 \u00e7at\u0131\u015fma riskinin artmas\u0131, petrol arz\u0131na y\u00f6nelik endi\u015feleri tetiklerken, yat\u0131r\u0131mc\u0131lar\u0131n g\u00fcvenli limanlara y\u00f6nelmesine neden oldu. Bu s\u00fcre\u00e7te \u00f6zellikle geli\u015fmekte olan \u00fclke piyasalar\u0131 ciddi sat\u0131\u015f bask\u0131s\u0131yla kar\u015f\u0131 kar\u015f\u0131ya kald\u0131. T\u00fcrkiye de bu dalgadan nasibini ald\u0131 ve Borsa \u0130stanbul b\u00fcnyesindeki hisselerde k\u0131sa s\u00fcrede belirgin de\u011fer kay\u0131plar\u0131 g\u00f6zlendi. Ancak piyasalarda panik sat\u0131\u015flar\u0131n\u0131n ard\u0131ndan gelen ikinci faz, daha rasyonel fiyatlamalar\u0131n \u00f6n plana \u00e7\u0131kt\u0131\u011f\u0131 bir d\u00f6nem oldu. Jeopolitik risklerin fiyatlara h\u0131zl\u0131 bi\u00e7imde yans\u0131t\u0131lmas\u0131 ve ard\u0131ndan bu risklerin k\u0131smen kontrol alt\u0131na al\u0131nabilece\u011fine y\u00f6nelik beklentiler, yat\u0131r\u0131mc\u0131lar\u0131n yeniden pozisyon almas\u0131na zemin haz\u0131rlad\u0131. \u0130\u015fte tam bu noktada T\u00fcrkiye piyasalar\u0131n\u0131n g\u00f6rece cazip de\u011ferlemeleri \u00f6n plana \u00e7\u0131kt\u0131. Uzmanlara g\u00f6re BIST 100\u2019\u00fcn bu h\u0131zl\u0131 toparlanmas\u0131nda \u00fc\u00e7 temel fakt\u00f6r etkili oldu. \u0130lk olarak, T\u00fcrk hisse senetlerinin uluslararas\u0131 benzerlerine k\u0131yasla uzun s\u00fcredir iskontolu i\u015flem g\u00f6rmesi, yabanc\u0131 yat\u0131r\u0131mc\u0131lar a\u00e7\u0131s\u0131ndan \u00f6nemli bir f\u0131rsat yaratt\u0131. \u0130kinci olarak, kur taraf\u0131ndaki g\u00f6rece istikrar ve ekonomi y\u00f6netiminin att\u0131\u011f\u0131 normalle\u015fme ad\u0131mlar\u0131 g\u00fcveni destekledi. \u00dc\u00e7\u00fcnc\u00fc olarak ise bankac\u0131l\u0131k ve sanayi hisselerinde g\u00f6r\u00fclen g\u00fc\u00e7l\u00fc bilan\u00e7o beklentileri, endekse yukar\u0131 y\u00f6nl\u00fc ivme kazand\u0131rd\u0131. \u00d6zellikle bankac\u0131l\u0131k sekt\u00f6r\u00fc hisseleri, bu toparlanma s\u00fcrecinde lokomotif rol \u00fcstlendi. Faiz politikas\u0131ndaki \u00f6ng\u00f6r\u00fclebilirlik ve finansal sistemdeki dengelenme \u00e7abalar\u0131, bankalar\u0131n k\u00e2rl\u0131l\u0131k g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc iyile\u015ftirirken yat\u0131r\u0131mc\u0131 ilgisini art\u0131rd\u0131. Ayn\u0131 \u015fekilde ihracat a\u011f\u0131rl\u0131kl\u0131 sanayi \u015firketleri de k\u00fcresel talep ko\u015fullar\u0131ndaki toparlanma beklentileriyle birlikte g\u00fc\u00e7l\u00fc performans sergiledi. K\u00fcresel kar\u015f\u0131la\u015ft\u0131rmalara bak\u0131ld\u0131\u011f\u0131nda, T\u00fcrkiye\u2019nin bu d\u00f6nemde bir\u00e7ok geli\u015fmekte olan \u00fclkeyi geride b\u0131rakt\u0131\u011f\u0131 g\u00f6r\u00fcl\u00fcyor. Latin Amerika ve Asya piyasalar\u0131nda toparlanma daha s\u0131n\u0131rl\u0131 kal\u0131rken, T\u00fcrkiye\u2019nin daha h\u0131zl\u0131 reaksiyon vermesi dikkat \u00e7ekti. Bu durum, hem yerli yat\u0131r\u0131mc\u0131lar\u0131n piyasaya olan g\u00fcveninin s\u00fcrd\u00fc\u011f\u00fcn\u00fc hem de yabanc\u0131 yat\u0131r\u0131mc\u0131 giri\u015flerinin yeniden ba\u015flad\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Analistler, BIST 100\u2019\u00fcn ikinci s\u0131raya y\u00fckselmesini sadece k\u0131sa vadeli bir teknik toparlanma olarak de\u011fil, ayn\u0131 zamanda orta vadeli bir yeniden fiyatlama s\u00fcrecinin ba\u015flang\u0131c\u0131 olarak de\u011ferlendiriyor. \u00d6zellikle T\u00fcrkiye ekonomisinde uygulanan Ortodoks politikalar\u0131n devam etmesi halinde, bu y\u00fckseli\u015f trendinin kal\u0131c\u0131 olabilece\u011fi ifade ediliyor. Bununla birlikte riskler tamamen ortadan kalkm\u0131\u015f de\u011fil. \u0130ran merkezli jeopolitik geli\u015fmelerin yeniden t\u0131rmanmas\u0131 durumunda piyasalarda yeni dalgalanmalar ya\u015fanabilece\u011fi uyar\u0131s\u0131 yap\u0131l\u0131yor. Ayr\u0131ca k\u00fcresel faiz oranlar\u0131n\u0131n seyri, ABD ekonomisinin performans\u0131 ve enerji fiyatlar\u0131n\u0131n y\u00f6n\u00fc de T\u00fcrkiye piyasalar\u0131n\u0131n gelece\u011fi a\u00e7\u0131s\u0131ndan belirleyici olacak. Yat\u0131r\u0131mc\u0131 davran\u0131\u015flar\u0131 a\u00e7\u0131s\u0131ndan bak\u0131ld\u0131\u011f\u0131nda ise bu s\u00fcre\u00e7 \u00f6nemli dersler i\u00e7eriyor. Panik sat\u0131\u015flar\u0131n\u0131n ard\u0131ndan gelen h\u0131zl\u0131 toparlanma, piyasalarda zamanlaman\u0131n ne denli kritik oldu\u011funu bir kez daha ortaya koydu. Uzun vadeli perspektife sahip yat\u0131r\u0131mc\u0131lar\u0131n bu t\u00fcr dalgalanmalardan daha az etkilendi\u011fi ve f\u0131rsatlar\u0131 daha iyi de\u011ferlendirdi\u011fi g\u00f6zlemlendi. Sonu\u00e7 olarak, \u0130ran sava\u015f\u0131yla tetiklenen k\u00fcresel sat\u0131\u015f dalgas\u0131, k\u0131sa s\u00fcrede yerini g\u00fc\u00e7l\u00fc bir toparlanmaya b\u0131rakt\u0131. T\u00fcrkiye ise bu s\u00fcre\u00e7te g\u00f6sterdi\u011fi performansla \u00f6ne \u00e7\u0131kan \u00fclkeler aras\u0131nda yer ald\u0131. BIST 100\u2019\u00fcn k\u00fcresel ligde ikinci s\u0131raya y\u00fckselmesi hem mevcut ekonomik politikalar\u0131n etkisini hem de piyasan\u0131n potansiyelini ortaya koyuyor. \u00d6n\u00fcm\u00fczdeki d\u00f6nemde bu performans\u0131n s\u00fcrd\u00fcr\u00fclebilir olup olmayaca\u011f\u0131 ise hem i\u00e7 dinamiklere hem de k\u00fcresel…<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,267],"tags":[],"class_list":["post-4820","post","type-post","status-publish","format-standard","hentry","category-kose-yazarlari","category-zafer-ozcivan"],"_links":{"self":[{"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=\/wp\/v2\/posts\/4820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4820"}],"version-history":[{"count":1,"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=\/wp\/v2\/posts\/4820\/revisions"}],"predecessor-version":[{"id":4821,"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=\/wp\/v2\/posts\/4820\/revisions\/4821"}],"wp:attachment":[{"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tr.sektorturk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}