Turkey's equity market closed higher on Tuesday, with the BIST 100 advancing 1.02% to reach a new one-month high. The session's upside was driven by strength in sectors including Transport, Tourism and Sports, according to closing-market data for Istanbul.
The session's top performers included Ral Yatirim Holding AS (IS:RALYH), which surged 9.95% - a 25.50-point increase - to finish at 281.75. Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) rose 9.87%, gaining 0.55 points to close at 6.12, while Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS (IS:BRSAN) added 7.67%, or 40.50 points, to end the day at 568.50 in late trade.
Not all names participated in the rally. EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS (IS:ECILC) was the weakest on the benchmark, slipping 8.47% - down 9.25 points - to 99.95 at the close. Grainturk Holding AS (IS:GRTHO) dropped 5.59%, a 15.75-point decline to 266.00, and Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi (IS:EUREN) fell 4.76%, losing 0.26 points to finish at 5.20.
Advancers outpaced decliners on the Istanbul bourse by a wide margin: 457 stocks rose, 152 declined and 11 remained unchanged. The breadth figures underscored the session's broad participation by rising names.
Shares of Ral Yatirim Holding AS (IS:RALYH) not only led the session but also reached an all-time high in the move - closing 9.95% higher, up 25.50 to 281.75.
Commodity markets showed a mixed picture. Gold Futures for June delivery climbed 1.34%, up 63.80 to $4,831.20 a troy ounce. Crude oil prices moved lower: the front-month contract for May delivery fell 5.65% - a decline of 5.60 - to $93.48 a barrel, while the June Brent contract dropped 3.28%, or 3.26, to trade at $96.10 a barrel.
Foreign exchange moves were modest but notable. The USD/TRY pair rose 0.14% to 44.72, and EUR/TRY was up 0.43% at 52.81. On the U.S. contracts front, the US Dollar Index Futures declined 0.32% to 97.85.
Market participants concluded the session with more winners than losers and a set of pronounced individual stock swings. The day featured an index-level gain that coincided with larger percentage moves among specific names and divergent trends across commodities and FX.
Key market data (selected):
- BIST 100: +1.02% (one-month high at close)
- Top gainers: RALYH +9.95% (281.75), EFOR +9.87% (6.12), BRSAN +7.67% (568.50)
- Top decliners: ECILC -8.47% (99.95), GRTHO -5.59% (266.00), EUREN -4.76% (5.20)
- Market breadth: 457 advancers, 152 decliners, 11 unchanged
- Commodities and FX: Gold Jun +1.34% ($4,831.20/oz), Crude May -5.65% ($93.48/bl), Brent Jun -3.28% ($96.10/bl), USD/TRY 44.72, EUR/TRY 52.81, US Dollar Index Futures 97.85 (-0.32%)