Stock Markets April 1, 2026

Istanbul Stocks Close Higher as Tourism, Non-Metal Minerals and Banks Outperform

BIST 100 gains 1.15% with broad market advance; notable moves in travel, retail and petrochemical names

By Caleb Monroe
Istanbul Stocks Close Higher as Tourism, Non-Metal Minerals and Banks Outperform

Turkey's BIST 100 index closed higher on Wednesday, supported by gains in the Tourism, Non-Metal Mineral Products and Banking sectors. Market breadth favored advances, with nearly four times as many rising issues as decliners. Several individual stocks posted double-digit percentage moves while others recorded notable declines. Commodities and currency markets showed mixed activity, with gold jumping and crude oil easing.

Key Points

  • BIST 100 closed up 1.15%, led by gains in the Tourism, Non-Metal Mineral Products and Banking sectors.
  • Top winners included TUREX (+9.99%), KLRHO (+9.97%) and QUAGR (+9.72%); notable laggards were EFOR (-6.22%), RALYH (-4.76%) and PETKM (-4.15%).
  • Market breadth was positive with 479 advancing stocks versus 122 decliners; commodities and FX showed mixed moves with gold up and Brent and US crude lower.

Turkey's equities finished the trading session in positive territory on Wednesday, led by strength in the Tourism, Non-Metal Mineral Products and Banking sectors.

At the close in Istanbul the BIST 100 index was up 1.15%.

Among the top gainers on the BIST 100, Tureks Turizm Tasimacilik AS (IS:TUREX) led percentage advances, climbing 9.99% or 0.71 points to finish at 7.82. Kiler Holding AS (IS:KLRHO) added 9.97% or 12.90 points to close at 142.30, while Qua Granite Hayal Yapi ve Urunleri Sanayi Ticaret AS (IS:QUAGR) rose 9.72% or 0.28 points to trade at 3.16 at the session end.

On the downside, Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) fell 6.22% or 0.60 points to close at 9.05. Ral Yatirim Holding AS (IS:RALYH) declined 4.76% or 9.60 points to end at 192.00, and Petkim Petrokimya Holding AS (IS:PETKM) slipped 4.15% or 0.88 points to trade at 20.34.

Market breadth on the Istanbul Stock Exchange favored advancers: 479 issues advanced, 122 declined and 17 finished unchanged.

Trading activity included a fresh 52-week low for Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR), which dropped 6.22% to 9.05, marking the lowest closing level for the past 52 weeks.

Commodities saw contrasting moves. Gold Futures for June delivery rose 2.55% or 119.15 to $4,797.75 a troy ounce. Crude oil for May delivery slipped 1.38% or 1.40 to $99.98 a barrel, and the June Brent contract fell 1.90% or 1.98 to trade at $101.99 a barrel.

Currency markets were mixed. USD/TRY ticked up 0.08% to 44.49, while EUR/TRY increased 0.98% to 51.91. The US Dollar Index Futures eased 0.49% to 99.28.

Overall the session reflected sector-specific strength driving the broader index higher, with tourism and non-metal mineral product names among the most significant contributors to the advance, and select industrial and petrochemical names underperforming.


Market context note: This report records closing prices and percentage moves for the listed instruments and summarizes market breadth, commodity and currency price changes observed at the close. No forward-looking statements or forecasts are provided.

Risks

  • Individual stocks can show large intraday swings - exemplified by double-digit percentage moves in both directions, which elevates company-specific risk for equity holders (impacts Tourism, Retail and Petrochemical sectors).
  • Commodity price volatility - sharp moves in gold and crude oil futures can affect sector earnings and investor sentiment, notably in energy and materials sectors.
  • Currency fluctuations - shifts in USD/TRY and EUR/TRY may influence imported input costs and earnings for exporters, affecting corporate margins in traded sectors.

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