Eurozone Plans to Increase Joint Procurement in Defense

Increased defense spending in Europe through joint procurement could have a positive short-term impact on defense sector stocks and overall risk appetite. However, the effects of such spending on budget discipline and inflation may create uncertainty. Although the direct impact on Turkish markets is limited, indirect support is possible through global defense-themed positions and geopolitical risk perception. Overall, the news may create a moderately positive sentiment in defense-focused assets.

The Eurozone's plan to increase joint procurement in defense may create expectations of higher European defense spending, which could positively reflect on defense industry stocks such as ASELS in the medium term. The price is trading at 337.75, above the SMA20 (332.59), and the 24-hour change of +1.81% signals a short-term recovery. However, MACD remains in negative territory and below its signal line; RSI at 51 is neutral, meaning momentum is not yet strong. SMA50 (341.98) is nearby as resistance, and it is uncertain whether the news will translate into concrete contracts. Therefore, I assess the impact cautiously as mildly positive.