Turkey's equities closed in negative territory on Monday, with the BIST 100 index retreating 0.51% by the end of trading in Istanbul. Sector pressure came primarily from Banking, Transport and Sports names, which weighed on the benchmark.
Among the session's top performers on the BIST 100, Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) led gains, rising 9.96% - a 1.15 point increase - to finish at 12.70. Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret AS (IS:EUPWR) advanced 5.82%, up 3.05 points to close at 55.45. Ral Yatirim Holding AS (IS:RALYH) also posted a strong showing, increasing 5.35% or 18.00 points to end the session at 354.50.
On the downside, Kontrolmatik Teknoloji Enerji ve Mu (IS:KONTR) was the weakest member of the index, declining 5.76% or 0.60 points to 9.81 at the close. Izdemir Enerji Elektrik Uretim AS (IS:IZENR) fell 4.48%, a 0.48 point drop to 10.24, while Turk Altin Isletmeleri AS (IS:TRALT) lost 4.45% or 1.84 points to trade at 39.54 in late trade.
Declining issues outnumbered advancing ones on the Istanbul Stock Exchange, with 348 stocks falling versus 256 that rose; 16 shares finished unchanged.
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret AS (IS:EUPWR) moved to a 52-week high during the session, rising 5.82% or 3.05 to reach 55.45.
Commodity markets showed mixed activity. Gold Futures for June delivery fell 2.14%, a decline of 99.41, to settle at $4,545.09 a troy ounce. In contrast, crude oil for June delivery rose 3.47%, gaining 3.54 to hit $105.48 a barrel, and the July Brent oil contract climbed 5.53%, an increase of 5.98, to trade at $114.15 a barrel.
On the foreign exchange front, USD/TRY was up 0.10% to 45.20, while EUR/TRY edged down 0.08% to 52.93. The US Dollar Index Futures gained 0.26%, trading at 98.26.
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