Istanbul equities ended the trading day in negative territory on Monday, with sectoral weakness in Textile & Leather, Transport and Telecoms contributing to the downward pressure on the benchmark.
The BIST 100 closed the session down 0.11%.
Advancers were outnumbered by decliners on the Istanbul Stock Exchange, with 412 stocks falling and 195 rising; 13 issues finished unchanged.
Top performers
- Tekfen Holding AS (IS:TKFEN) led gains, climbing 9.94% or 10.70 points to finish at 118.30.
- Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi (IS:EUREN) added 9.86% or 0.49 points to close at 5.46.
- Fenerbahce Futbol AS (IS:FENER) rose 9.78% or 0.27 points to end the day at 3.03.
Largest decliners
- Mia Teknoloji AS (IS:MIATK) was the biggest loser among the listed names, falling 6.91% or 2.98 points to close at 40.16.
- TAV Havalimanlari Holding (IS:TAVHL) declined 4.99% or 17.25 points to end at 328.50.
- Sok Marketler (IS:SOKM) slipped 4.97% or 2.80 points to finish at 53.55.
Commodities and FX
In commodities trading, June gold futures were down 1.30% or 62.10 to trade at $4,725.30 a troy ounce. Crude oil for May delivery rose 6.36% or 6.14 to $102.71 a barrel, while the June Brent contract increased 7.01% or 6.67 to $101.87 a barrel.
Currency pairs involving the Turkish lira moved higher: USD/TRY was up 0.25% at 44.72, and EUR/TRY rose 0.15% to 52.37. The US Dollar Index Futures traded up 0.17% at 98.61.
Market takeaway
The session showed breadth skewed to the downside, with losses concentrated in industry groups that include Textile & Leather, Transport and Telecoms. While several smaller-cap names recorded double-digit percentage moves to the upside, that strength was not sufficient to offset the larger number of decliners across the exchange.
Information in this report is limited to the trading results and market data recorded at the close on Monday and does not attempt to diagnose causes beyond the price and volume movements reported.