Stock Markets January 26, 2026

BIST 100 Closes at Record High as Technology, Metals and Tourism Stocks Lead Gains

Istanbul benchmark rises 1.42% with several individual stocks posting double-digit gains and broad market participation

By Priya Menon
BIST 100 Closes at Record High as Technology, Metals and Tourism Stocks Lead Gains

Turkey's BIST 100 index finished higher on Monday, climbing 1.42% to reach a new all-time high. Strength in Technology, Basic Metals and Tourism sectors powered the advance, with Enerya Enerji, Mia Teknoloji and Aselsan among the session's top performers. Market breadth favored advancing issues, while selected names in healthcare and retail posted notable declines. Commodities and currency pairs showed mixed moves, with gold rising sharply and oil slipping.

Key Points

  • BIST 100 rose 1.42% to close at a new all-time high, led by Technology, Basic Metals and Tourism sectors.
  • Top gainers included Enerya Enerji (IS:ENERY), Mia Teknoloji (IS:MIATK) and Aselsan (IS:ASELS); leading decliners included Gen Ilac (IS:GENIL), Kiler Holding (IS:KLRHO) and Fenerbahce Futbol (IS:FENER).
  • Market breadth was positive with 365 advancers, 227 decliners and 18 unchanged; commodities and FX showed mixed moves with gold sharply higher and oil slightly lower.

Turkey's main equity gauge closed higher on Monday, with the BIST 100 rising 1.42% to register a new record closing level in Istanbul. Sector gains were led by Technology, Basic Metals and Tourism stocks, which helped push the benchmark to its fresh high.


On an individual stock level, the session's strongest performers included Enerya Enerji AS (IS:ENERY), which advanced 8.79% - an increase of 0.82 points - to finish at 10.15. Mia Teknoloji AS (IS:MIATK) also posted significant gains, climbing 8.12% or 2.86 points to close at 38.08. Aselsan Elektronik Sanayi ve Ticaret AS (IS:ASELS) added 7.48%, a rise of 22.50 points, ending the day at 323.25.

At the other end of the spectrum, several stocks recorded notable losses. Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS (IS:GENIL) fell 7.12%, a drop of 9.70 points, to finish at 126.50. Kiler Holding AS (IS:KLRHO) declined 4.82% or 21.25 points to close at 419.75, while Fenerbahce Futbol AS (IS:FENER) eased 3.68%, down 0.13 points to 3.40.

Market breadth in Istanbul was positive. Advancing issues outnumbered decliners by 365 to 227, and 18 stocks finished unchanged.


Commodity and currency markets showed mixed activity alongside the equity move. Gold futures for April delivery rose 2.20%, gaining 110.60 to settle at $5,127.60 per troy ounce. Crude oil futures for March delivery slipped 0.54% or 0.33 to $60.74 per barrel, and the April Brent contract fell 0.37% or 0.24 to trade at $64.83 per barrel.

In foreign exchange, the U.S. dollar-tr/s Turkish lira pair (USD/TRY) was essentially unchanged, up 0.01% to 43.37. The euro-tr/s lira pair (EUR/TRY) increased 0.52% to 51.56. The U.S. Dollar Index futures moved lower, down 0.63% to 96.79.


The closing session underscored broad participation across the Istanbul exchange, with the benchmark reaching a fresh peak while selected individual names produced both outsized gains and losses. The market's advance came amid varied moves in commodities and currencies, reflecting a mix of investor flows into local equities and sector-specific dynamics.

Risks

  • Individual stock volatility - several names posted large intraday moves, indicating elevated single-stock risk for investors in those issuers (impacts equities and sector-specific portfolios).
  • Commodities fluctuations - sharp moves in gold and modest declines in crude and Brent may influence sector sentiment, particularly for materials and energy-linked companies (impacts commodities and related equities).
  • Currency swings - movements in USD/TRY and EUR/TRY, though mixed, can affect foreign-denominated exposures and corporate earnings for exporters and importers (impacts FX-sensitive sectors and multinational firms).

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