TOKYO/ISTANBUL - Turkey's equity market closed higher on Monday, with the BIST 100 index rising 3.64% to reach a new one-month peak. The advance was led by strength in the Leasing & Factoring, Metal Products & Machinery and Banking sectors, which together pushed the benchmark higher at the close in Istanbul.
Market breadth favored buyers: 512 stocks finished up against 97 that fell, while 12 were unchanged on the session. The strong participation underlined a broad-based move across the exchange rather than a narrow rally confined to a handful of names.
Top performers
- Gubre Fabrikalari TAS (IS:GUBRF) outperformed, climbing 9.97% - a rise of 47.75 points - to finish at 526.50.
- Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS (IS:GENIL) also gained 9.97%, adding 0.78 points to close at 8.60.
- Cw Enerji Muhendislik Ticaret ve Sanayi AS (IS:CWENE) rose 9.01%, up 3.26 points to end the day at 39.44.
Weakest performers
- Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR) declined 5.87%, or 0.46 points, to close at 7.37.
- Tekfen Holding AS (IS:TKFEN) slipped 2.66%, down 3.70 points to 135.30 at the close.
- Pasifik Eurasia Lojistik Dis Ticaret AS (IS:PASEU) fell 2.11%, losing 2.40 points to end at 111.50.
Outside equities, commodity and currency markets registered notable moves during the trading session. Gold futures for August delivery jumped 3.22% — a gain of $136.42 — to settle at $4,375.22 per troy ounce. In contrast, crude oil prices moved lower: U.S. crude for July delivery fell 5.05%, a drop of $4.29, to $80.59 a barrel, while the August Brent contract declined 4.79%, or $4.18, to $83.15 a barrel.
On the foreign exchange front, USD/TRY was up 0.05% to 46.28 and EUR/TRY rose 0.41% to 53.74. The U.S. Dollar Index futures were trading down 0.21% at 99.28.
Context and market structure notes
The session showed a concentrated list of large daily movers at both ends of the board while broader participation tilted strongly positive. Sectors explicitly cited as leading the advance were Leasing & Factoring, Metal Products & Machinery and Banking, suggesting cross-sector support for the index move. Commodity and FX price moves on the same day illustrated mixed signals across markets: a sharp rise in gold contrasted with declines in crude benchmarks, and modest appreciation in the lira against the dollar and euro pairs reported.
This report sticks to observed market outcomes at the close and the asset prices and volumes reported for the session.