Istanbul stocks closed higher on Thursday, with the benchmark BIST 100 ending the day up 0.92% after gains concentrated in Leasing & Factoring, Sports and Basic Metals sectors.
At the close of trading in Istanbul, the BIST 100 registered a 0.92% increase.
The session's strongest performers on the BIST 100 included Qua Granite Hayal Yapi ve Urunleri Sanayi Ticaret AS (IS:QUAGR), which climbed 9.73% - a 0.33 point rise to finish at 3.72. Pasifik Eurasia Lojistik Dis Ticaret AS (IS:PASEU) gained 8.82%, adding 10.70 points to end the day at 132.00. Fenerbahce Futbol AS (IS:FENER) also posted a notable advance, up 7.90% or 0.23 points to close at 3.14.
On the weaker side of the board, Petkim Petrokimya Holding AS (IS:PETKM) fell 3.71% - down 0.92 points to 23.90 at the close. Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS (IS:GENIL) slipped 2.63%, a 0.25 point decline to 9.26, while Turkish Airlines (IS:THYAO) was lower by 1.99%, giving up 6.25 points to finish at 308.25.
Market breadth in Istanbul favored advancers: 389 stocks rose, 205 declined and 26 finished unchanged on the Borsa Istanbul.
Commodity markets registered mixed moves during the session. Gold futures for June delivery climbed 1.62%, gaining $73.75 to trade at $4,635.25 a troy ounce. Crude oil for June delivery moved lower by 2.50%, down $2.67 to $104.21 per barrel, and the July Brent contract eased 0.77%, or $0.85, settling at $109.59 a barrel.
Currency pairs involving the Turkish lira also showed modest shifts. USD/TRY was higher by 0.17% at 45.18, while EUR/TRY rose 0.37% to 53.04. The US Dollar Index Futures fell 0.81% to 98.03.
Overall, the session reflected selective sector strength that lifted the headline index, even as energy and currency markets registered divergent moves.