{"id":51110,"date":"2026-07-17T05:30:21","date_gmt":"2026-07-17T05:30:21","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/kore-merkez-bankasi-cip-sektorundeki-oynakligin-kaldiracli-etf-ve-etnlere-yonelik-sikilastirmayi-tetiklemesiyle-faizi-275e-yukseltti\/"},"modified":"2026-07-17T05:30:21","modified_gmt":"2026-07-17T05:30:21","slug":"kore-merkez-bankasi-cip-sektorundeki-oynakligin-kaldiracli-etf-ve-etnlere-yonelik-sikilastirmayi-tetiklemesiyle-faizi-275e-yukseltti","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/kore-merkez-bankasi-cip-sektorundeki-oynakligin-kaldiracli-etf-ve-etnlere-yonelik-sikilastirmayi-tetiklemesiyle-faizi-275e-yukseltti\/","title":{"rendered":"Kore Merkez Bankas\u0131, \u00e7ip sekt\u00f6r\u00fcndeki oynakl\u0131\u011f\u0131n kald\u0131ra\u00e7l\u0131 ETF ve ETN\u2019lere y\u00f6nelik s\u0131k\u0131la\u015ft\u0131rmay\u0131 tetiklemesiyle faizi %2,75\u2019e y\u00fckseltti"},"content":{"rendered":"

Kore Merkez Bankas\u0131 (BOK), politika faizini 25 baz puan art\u0131rarak %2,75\u2019e y\u00fckseltti; karar 7-0 oyla oybirli\u011fiyle al\u0131nd\u0131. Banka, GSYH ve \u00e7ekirdek enflasyonun daha \u00f6nceki projeksiyonlar\u0131n \u00fczerinde ger\u00e7ekle\u015fece\u011fine i\u015faret etti. B\u00fcy\u00fcmenin, May\u0131s ay\u0131ndaki %2,6 tahminini a\u015fmas\u0131n\u0131n muhtemel oldu\u011fu; \u00e7ekirdek enflasyonun ise \u00f6nceki %2,4 \u00f6ng\u00f6r\u00fcs\u00fcn\u00fcn \u00fczerine \u00e7\u0131kmas\u0131n\u0131n beklendi\u011fi belirtildi. Man\u015fet enflasyonun %2,7\u2019de kalaca\u011f\u0131 tahmin edildi. Merkez bankas\u0131; daha g\u00fc\u00e7l\u00fc b\u00fcy\u00fcme, kal\u0131c\u0131 enflasyon ve finansal istikrar risklerinin yan\u0131 s\u0131ra, yar\u0131 iletken \u00f6nc\u00fcl\u00fc\u011f\u00fcndeki ihracatta g\u00fc\u00e7lenme, i\u00e7 talepte iyile\u015fme ve konut fiyatlar\u0131, hanehalk\u0131 bor\u00e7lulu\u011fu ile kur oynakl\u0131\u011f\u0131na ili\u015fkin endi\u015feleri gerek\u00e7e g\u00f6sterdi.<\/p>\n

G\u00fcney Koreli yetkililer, haf\u0131za \u00e7ipi hisselerine ba\u011fl\u0131 tek hisse kald\u0131ra\u00e7l\u0131 ETF ve ETN \u00fcr\u00fcnlerine y\u00f6nelik kurallar\u0131; lansmandan bu yana h\u0131zl\u0131 b\u00fcy\u00fcme ve keskin fiyat dalgalanmalar\u0131 ya\u015fanmas\u0131n\u0131n ard\u0131ndan s\u0131k\u0131la\u015ft\u0131r\u0131yor. Piyasalar istikrar kazanana kadar ters ve \u201ccovered call\u201d (kapal\u0131 al\u0131m opsiyonlu) t\u00fcrler dahil yeni \u00fcr\u00fcn listelemeleri ge\u00e7ici olarak durdurulacak; reklam ve etkinlik pazarlamas\u0131 yasaklanacak. \u00d6nlemler ayr\u0131ca, likidite sa\u011flay\u0131c\u0131 (LP) sapma e\u015fiklerinin d\u00fc\u015f\u00fcr\u00fclmesi, daha sert yapt\u0131r\u0131mlar, riskli \u00fcr\u00fcnlerin daha h\u0131zl\u0131 \u015fekilde tan\u0131mlanmas\u0131, yat\u0131r\u0131mc\u0131 \u00f6n e\u011fitim kapsam\u0131n\u0131n geni\u015fletilmesi ve otomatik risk uyar\u0131lar\u0131n\u0131 i\u00e7eriyor. B\u00f6lgesel yar\u0131 iletken hisseleri gerilerken SK Hynix %11,5 d\u00fc\u015ft\u00fc, Samsung Electronics ise %8\u2019in \u00fczerinde kay\u0131p ya\u015fad\u0131; bu tablo KOSPI ve USD\/KRW \u00fczerinde bask\u0131 olu\u015fturdu.<\/p>\n

D\u00fczenleyici S\u0131k\u0131la\u015fma E\u015fli\u011finde T\u00fcrev Stratejileri<\/h3>\n

G\u00fcney Koreli yetkililerin oynak teknoloji sekt\u00f6r\u00fcn\u00fc yat\u0131\u015ft\u0131rmak amac\u0131yla yeni tek hisse kald\u0131ra\u00e7l\u0131 ETF ve ETN\u2019leri ask\u0131ya almas\u0131yla, t\u00fcrev i\u015flemcilerin stratejilerini h\u0131zla uyarlamas\u0131n\u0131 \u00f6neriyoruz. Kald\u0131ra\u00e7l\u0131 \u00fcr\u00fcnlere y\u00f6nelik bu d\u00fczenleyici s\u0131k\u0131la\u015fman\u0131n, \u00f6zellikle SK Hynix\u2019teki %11,5 ve Samsung Electronics\u2019teki %8\u2019i a\u015fan sert d\u00fc\u015f\u00fc\u015flerin ard\u0131ndan, spek\u00fclatif hacmi do\u011frudan borsada i\u015flem g\u00f6ren hisse opsiyonlar\u0131 piyasas\u0131na kayd\u0131rmas\u0131 muhtemel. Yak\u0131n vadede \u201cgaranti\u201d g\u00f6r\u00fclen bu oynakl\u0131ktan faydalanmak i\u00e7in, b\u00fcy\u00fck \u00e7ip \u00fcreticilerinde k\u0131sa vadeli straddle (al\u0131m+sat\u0131m ayn\u0131 vadede) pozisyonlar\u0131 al\u0131nmas\u0131n\u0131 \u00f6neriyoruz.<\/p>\n

BOK\u2019un faizi %2,75\u2019e y\u00fckselten beklenmedik art\u0131\u015f\u0131, yap\u0131\u015fkan enflasyon ve daha g\u00fc\u00e7l\u00fc GSYH b\u00fcy\u00fcmesine i\u015faret ediyor; bu normalde Won\u2019u destekler. Ancak yar\u0131 iletken ihracat\u0131 G\u00fcney Kore toplam ihracat ekonomisinin yakla\u015f\u0131k %20\u2019sini s\u00fcr\u00fckledi\u011fi i\u00e7in, teknoloji hisselerindeki sat\u0131\u015f dalgas\u0131 bu \u015fahin deste\u011fi dengeliyor ve USD\/KRW kurunu oynak tutuyor. Seul borsas\u0131ndan ani sermaye \u00e7\u0131k\u0131\u015flar\u0131na kar\u015f\u0131 korunmak amac\u0131yla, uzun KRW pozisyonlar\u0131n\u0131n bariyer yap\u0131l\u0131 FX opsiyonlar\u0131yla hedge edilmesini \u00f6neriyoruz.<\/p>\n

Duyarl\u0131l\u0131k Kaynakl\u0131 Sat\u0131\u015f Sonras\u0131 F\u0131rsatlar<\/h3>\n

Tarihsel olarak, G\u00fcney Kore\u2019nin haf\u0131za \u00e7ipi sekt\u00f6r\u00fc duyarl\u0131l\u0131k kaynakl\u0131 geri \u00e7ekilmelerin ard\u0131ndan h\u0131zl\u0131 toparlan\u0131r; d\u00fczenleyici m\u00fcdahaleleri izleyen \u00fc\u00e7 ay i\u00e7inde \u00e7o\u011fu kez \u00e7ift haneli y\u00fckseli\u015fler g\u00f6r\u00fcl\u00fcr. \u0130\u015flemciler, z\u0131mni volatilitenin ger\u00e7ekle\u015fen volatiliteyi a\u015ft\u0131\u011f\u0131 ge\u00e7mi\u015f yar\u0131 iletken d\u00f6ng\u00fclerine bakarak, piyasa istikrar kazand\u0131ktan sonra cazip prim sat\u0131\u015f\u0131 f\u0131rsatlar\u0131 yakalayabilir. \u0130lk panik yat\u0131\u015f\u0131p yap\u0131sal yapay zek\u00e2 talebi yeniden \u00f6ne \u00e7\u0131kt\u0131k\u00e7a, \u00f6n\u00fcm\u00fczdeki haftalarda Samsung ve SK Hynix\u2019te vade d\u0131\u015f\u0131 (out-of-the-money) sat\u0131m opsiyonlar\u0131n\u0131n sat\u0131lmas\u0131n\u0131n y\u00fcksek prim geliri sa\u011flayaca\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcndeyiz.<\/p>\n\n\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\u015eok hamle: BOK faizi 25 baz puanla %2,75\u2019e \u00e7ekti; b\u00fcy\u00fcme ve \u00e7ekirdek enflasyon yukar\u0131 revize. Tek hisse kald\u0131ra\u00e7l\u0131 ETF\/ETN\u2019lere fren, \u00e7ip hisselerinde sert sat\u0131\u015f bask\u0131s\u0131.<\/p>\n","protected":false},"author":87,"featured_media":50069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-51110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/51110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=51110"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/51110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/50069"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=51110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=51110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=51110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}