Turkey's principal equity index finished the trading day in negative territory on Monday, as sector-level declines in Insurance, Metal Products & Machinery and Transport pushed the market lower. At the close in Istanbul the BIST 100 fell 0.64%.
Among individual movers, Vestel Elektronik Sanayi ve Ticaret AS (VESTL) led the winners, jumping 9.98% - an increase of 2.60 points - to settle at 28.64. Ral Yatirim Holding AS (RALYH) gained 9.97%, an advance of 15.80 points, finishing at 174.20. Pasifik Teknoloji A.S. (PATEK) also posted a strong session, rising 9.96% or 2.18 points to close at 24.06.
On the downside, Efor Yatırım Sanayi ve Ticaret A.Ş. (EFOR) recorded the steepest drop, sliding 10.00% - a loss of 1.70 points - to end at 15.30. Pasifik Eurasia Lojistik Dis Ticaret AS (PASEU) fell 9.96%, down 12.70 points to 114.80. Fertilizer maker Gubre Fabrikalari TAS (GUBRF) declined 5.99%, losing 28.75 points to close at 451.00.
Market breadth showed more decliners than advancers on the Istanbul Stock Exchange: 377 stocks fell, 233 advanced and 18 finished unchanged.
Commodities traded with divergent moves. Gold Futures for August delivery dropped 1.41% - down $57.70 - to $4,038.60 a troy ounce. Energy contracts moved higher: crude oil for August delivery rose 1.86% or $1.29 to $70.52 a barrel, while the September Brent oil contract climbed 1.54% or $1.12 to $73.72 a barrel.
Currency trading showed modest pressure on the lira. The USD/TRY exchange rate rose 0.06% to 46.64, and EUR/TRY increased 0.43% to 53.30.
The US Dollar Index Futures was trading lower on the session, down 0.21% at 100.92.
Market takeaway - The closing price action reflected weakness concentrated in a few sectors while select domestic names posted notable single-session gains. Commodity markets were mixed, with oil contracts firming and gold retreating. Currency moves were modest but tilted toward a slightly weaker lira against both the dollar and the euro.