Public banks to cut loan rates by 2-3 points on Monday

The reduction of loan interest rates by public banks could create general optimism in the market and positively reflect on banking stocks. GARAN's technical indicators show a neutral-positive outlook; RSI is balanced at 52.6, MACD is close to the signal line, and the stock is above SMA20 and SMA50. The news may bring buying pressure to the stock in the short term, but the impact could be limited as rate cuts may narrow profit margins. Therefore, the direction is upward, but a strong move is not expected.

The reduction of loan interest rates by public banks could increase loan demand and have a positive short-term impact on bank profitability. Although VAKBN shares have risen 5.6% in the last 24 hours and the RSI at 68.7 is approaching overbought territory, the stock is trading above the MACD signal line and above the SMA20/SMA50. This news may support optimism toward the stock, but the high RSI also brings a risk of a short-term correction. Overall, an upward movement can be expected in the short term, but caution is advised.

The reduction of loan interest rates by public banks could increase loan demand and have a positive impact on banking sector stocks. AKBNK's technical indicators also support this outlook; RSI is in neutral territory around 55, and MACD is below the signal line but positive. The price is trading above the 20- and 50-day moving averages, indicating short-term upside potential. However, the impact of the news may be limited, as the rate cut might already be priced in and depends on overall market risk appetite. Therefore, the direction is upward, but confidence is moderate.

The reduction of loan interest rates by public banks could create a positive sentiment in the banking sector stocks and may attract short-term buying interest in ISCTR shares. Although technical indicators show RSI in neutral territory (52) and MACD below the signal line, the price is trading above the SMA20 and SMA50. This suggests that the current trend is intact and an upward move is possible with the positive impact of the news. However, since the long-term effect of the rate cut on margins is uncertain, the rally is expected to remain limited. In the short term, the 13.00 resistance level could be tested, but volume support will be crucial for strong momentum.