Stock Markets May 25, 2026 11:30 AM

Istanbul market edges higher as tech, leasing and transport lift BIST 100

BIST 100 closes up 0.60% as select midcaps post double-digit gains while energy and consumer names lag

By Ajmal Hussain DX LCO CL

Turkey's benchmark BIST 100 finished Monday higher, gaining 0.60% at the close in Istanbul. Strength in Information Technology, Leasing & Factoring and Transport sectors underpinned the advance, with several individual stocks posting double-digit moves. Broader market breadth favored advancers, while commodities and currencies showed mixed moves.

Istanbul market edges higher as tech, leasing and transport lift BIST 100
DX LCO CL

Key Points

  • BIST 100 closed up 0.60% with Information Technology, Leasing & Factoring and Transport among the strongest sectors.
  • Top individual gainers included QUAGR (+10.00%), CWENE (+9.99%) and HALKB (+9.98%); largest decliners included KLRHO (-3.92%), FENER (-3.77%) and TUPRS (-3.70%).
  • Market breadth favored advancers (501 rising vs. 108 falling); commodities diverged with gold higher and crude oil contracts down.

Turkey's equity benchmark closed modestly higher on Monday, with sectoral strength in Information Technology, Leasing & Factoring and Transport helping lift the BIST 100 by 0.60% at the Istanbul close.

The session's top performers on the BIST 100 included Qua Granite Hayal Yapi ve Urunleri Sanayi Ticaret AS (IS:QUAGR), which jumped 10.00% - adding 0.35 points to finish at 3.85. Cw Enerji Muhendislik Ticaret ve Sanayi AS (IS:CWENE) climbed 9.99%, a 3.60-point gain to close at 39.62, while Turkiye Halk Bankasi (IS:HALKB) rose 9.98% - up 3.80 points to 41.88 in late trade.

On the downside, Kiler Holding AS (IS:KLRHO) led laggards, slipping 3.92% or 4.00 points to end the day at 98.00. Fenerbahce Futbol AS (IS:FENER) declined 3.77%, a fall of 0.15 points to 3.83, and Turkiye Petrol Rafinerileri AS (IS:TUPRS) lost 3.70% or 9.00 points, finishing at 234.10.

Market breadth favored advancing issues, with 501 stocks rising versus 108 that fell on the Istanbul Stock Exchange; 16 shares were unchanged at the close.


Commodities and currency markets posted mixed moves during the session. Gold Futures for August delivery were up 1.12% - an increase of 50.85 - trading at $4,607.25 a troy ounce. In energy markets, crude oil for July delivery fell 5.87% or $5.67 to $90.93 a barrel, while the August Brent contract dropped 5.49% or $5.50 to $94.71 a barrel.

Currency crosses involving the Turkish lira moved modestly: USD/TRY rose 0.02% to 45.72 and EUR/TRY increased 0.88% to 53.51. The US Dollar Index Futures was lower by 0.28% at 98.91 at the time referenced in market data.

Intraday price tags and index shorthand that appeared in trading summaries included DX -0.28%, GC +1.07%, LCO -5.56%, CL -5.87% and XU100 +0.6%. Individual stock percentage moves reiterated in summary lines included FENER -3.77%, HALKB +9.98%, TUPRS -3.7%, QUAGR +10.00%, KLRHO -3.92% and CWENE +9.99%.

The market close left the benchmark modestly higher, supported by concentrated gains in a small group of names and a positive advancer-to-decliner ratio. Commodity strength in gold contrasted with steep declines in crude futures, while FX crosses showed only small shifts in TRY rates versus the dollar and euro.

Risks

  • Commodity price volatility - steep declines in crude futures may affect energy sector valuations and sentiment, particularly for oil-related stocks such as TUPRS.
  • Concentration risk - large percentage moves in a small number of names can increase index volatility despite modest overall index gains, affecting portfolios overweight those stocks.
  • Currency movements - changes in USD/TRY and EUR/TRY, even if modest, can influence earnings and import/export costs for Turkish corporates, particularly those with foreign currency exposure.

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