Turkey's share market ended the trading day higher on Friday, with the BIST 100 finishing up 1.53% in Istanbul. Sector leadership came from Tourism, Metal Products & Machinery and Non-Metal Mineral Products as investors pushed many names higher before the weekend.
The session's top performers included Vestel Elektronik Sanayi ve Ticaret AS (IS:VESTL), which climbed 9.99% - gaining 2.40 points to close at 26.42. Logistics group Pasifik Eurasia Lojistik Dis Ticaret AS (IS:PASEU) followed closely, adding 9.97% or 8.80 points to finish at 97.10. Sekerbank TAS (IS:SKBNK) also registered a strong advance, ending the session 9.80% higher - up 1.72 points to 19.27.
On the downside, Oba Makarnacilik Sanayi ve Ticaret AS (IS:OBAMS) was the weakest performer, sliding 5.62% or 0.30 points to close at 5.04; the stock also fell to an all-time low in the session. Kuyas Yatirim AS (IS:KUYAS) declined 3.98%, losing 2.90 points to end at 69.90, and Margun Enerji Uretim Sanayi ve Ticaret AS (IS:MAGEN) dropped 3.72% or 1.26 points to finish at 32.60.
Market breadth was positive: 454 stocks advanced on the Istanbul Stock Exchange, 144 declined, and 31 remained unchanged, indicating broad participation among listed companies during the rally.
Commodities and futures moved lower in overseas trading. Gold futures for August delivery fell 0.69% - down $28.73 - to $4,112.07 a troy ounce. In energy markets, crude oil for August delivery lost 1.01% or $0.73 to trade at $71.35 a barrel, while the September Brent contract retreated 0.63% or $0.48 to $75.82 a barrel. The US Dollar Index Futures traded down 0.08% at 100.61.
Currency moves in local crosses were modest: USD/TRY was up 0.15% to 46.98, while EUR/TRY was unchanged at 53.76.
Market snapshot
- BIST 100 - close: +1.53%
- Advancers vs. decliners - 454 vs. 144; 31 unchanged
- Top gainers included VESTL (+9.99%), PASEU (+9.97%), SKBNK (+9.80%)
- Largest decliners included OBAMS (-5.62%), KUYAS (-3.98%), MAGEN (-3.72%)
The session combined sector-led buying with notable individual stock moves, while global commodity and currency benchmarks showed modest downside. The trading day left several midcaps with double-digit percentage moves and one name at a record low, underscoring the uneven performance beneath the headline index rise.