Stock Markets January 23, 2026 10:30 AM

Turkey's BIST 100 Ends at Record High, Led by Gains in Key Industrial and Financial Sectors

Market climbs 1.10% with strongest advances in Leasing & Factoring, Insurance, and Metal Products & Machinery stocks

By Priya Menon

The Istanbul Stock Exchange's BIST 100 index rose by 1.10% at the close on Friday, reaching an all-time high. Gains were primarily driven by the Leasing & Factoring, Insurance, and Metal Products & Machinery sectors. Leading stocks included Yeo Teknoloji Enerji ve Endustri AS, Pasifik Eurasia Lojistik Dis Ticaret AS, and Tureks Turizm Tasimacilik AS. While a majority of stocks rose, several notable companies experienced declines. Commodity prices such as gold and crude oil also advanced, with currency pairs USD/TRY and EUR/TRY showing modest increases.

Turkey's BIST 100 Ends at Record High, Led by Gains in Key Industrial and Financial Sectors

Key Points

  • Turkey's BIST 100 posted a 1.10% gain, setting an all-time high.
  • Leading sector performance came from Leasing & Factoring, Insurance, and Metal Products & Machinery.
  • Significant stocks with notable gains include Yeo Teknoloji Enerji ve Endustri AS, Pasifik Eurasia Lojistik Dis Ticaret AS, and Tureks Turizm Tasimacilik AS.

On Friday, Turkey's stock market closed significantly higher, with the BIST 100 index increasing by 1.10% to register a new peak. The surge was mainly supported by the Leasing & Factoring, Insurance, and Metal Products & Machinery sectors, which contributed to the positive momentum in the market.

The top-performing shares on the BIST 100 were Yeo Teknoloji Enerji ve Endustri AS (IS:YEOTK), which surged by 8.87%, closing at 43.46 after gaining 3.54 points. Pasifik Eurasia Lojistik Dis Ticaret AS (IS:PASEU) also recorded strong growth, climbing 8.82% or 12.90 points to finish at 159.10. Similarly, Tureks Turizm Tasimacilik AS (IS:TUREX) advanced by 6.86%, ending the day at 7.79.

Conversely, some companies faced losses during the session. Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) experienced the largest drop, decreasing by 9.93% or 2.54 points to close at 23.04. Ral Yatirim Holding AS (IS:RALYH) declined 7.32%, ending at 183.50 after losing 14.50 points, while Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS (IS:GENIL) dropped 4.02%, down 5.70 points at 136.20.

Broader market breadth reflected 347 advancing stocks against 241 declining ones on the Istanbul Stock Exchange, with 20 securities trading unchanged.

In international commodities, gold futures for February delivery increased by 0.66% or $32.41, trading at $4,945.81 per troy ounce. Crude oil prices also strengthened, with March delivery contracts up 3.02% at $61.15 per barrel, while Brent crude for March rose 2.92% to $65.93 per barrel.

Currency exchange rates showed slight appreciation trends for Turkey’s lira, with the USD/TRY pair moving up by 0.24% to 43.37 and the EUR/TRY rising 0.05% to 51.00. Meanwhile, the US Dollar Index futures edged lower by 0.12%, settling at 98.06.

Risks

  • Notable declines in stocks such as Efor Yatırım Sanayi ve Ticaret A.Ş., Ral Yatirim Holding AS, and Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS indicate uneven sector performance.
  • Fluctuations in currency pairs USD/TRY and EUR/TRY can introduce forex risk to trading activities in the Turkish market.
  • Commodity price volatility, evidenced by increases in gold and crude oil, may impact related sectors such as metal products and energy.

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