Turkey's equity market closed in negative territory on Tuesday, with the benchmark BIST 100 ending the session down 0.53% as declines in Technology, Wood, Paper & Printing and Insurance stocks pressured the index.
At the Istanbul close, the BIST 100 lost 0.53%.
The session's largest gainers included Kiler Holding AS (IS:KLRHO), which jumped 6.61% - an increase of 27.75 points - to finish at 447.50. Izdemir Enerji Elektrik Uretim AS (IS:IZENR) added 5.26%, or 0.49 points, closing at 9.80. EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS (IS:ECILC) rose 5.14%, a 6.30-point increase, to settle at 128.90.
On the downside, Turkiye Sigorta AS (IS:TURSG) recorded the steepest decline among the large movers, falling 4.72% or 0.57 points to end the day at 11.51. Aselsan Elektronik Sanayi ve Ticaret AS (IS:ASELS) dropped 3.94% - 12.75 points - to close at 310.50, while Margun Enerji Uretim Sanayi ve Ticaret AS (IS:MAGEN) slipped 3.84%, down 1.64 points to 41.10.
Market breadth at the Istanbul Stock Exchange skewed negative, with 348 issues falling versus 248 advancing. Another 13 stocks finished the session unchanged.
Notably, shares of Kiler Holding AS (IS:KLRHO) and EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS (IS:ECILC) rose to all-time highs during the session, with Kiler up 6.61% to 447.50 and EIS Eczacibasi climbing 5.14% to 128.90.
Commodities and currencies
In commodities trading, Gold Futures for April delivery were down 0.18% - a decline of 9.40 - to trade at 5,112.90 a troy ounce.
Crude oil for March delivery rose 1.24% or 0.75 to reach $61.38 a barrel, while the April Brent contract climbed 1.05% - an increase of 0.68 - to trade at $65.45 a barrel.
On the foreign exchange front, USD/TRY strengthened by 0.14% to 43.40, and EUR/TRY rose 0.73% to 51.93.
The US Dollar Index Futures moved lower, falling 0.66% to 96.22.
Implications and market context
Tuesday's session showed a clear divergence between individual winners and broader market weakness. While several mid-cap names advanced sharply and two reached record prices, overall sector pressure in Technology, Wood, Paper & Printing and Insurance weighed on the BIST 100, resulting in a net decline for the index.
Volume and breadth metrics reflected the negative tilt, with a larger number of falling stocks than rising ones. Commodity and currency moves were mixed, with energy contracts higher and gold modestly lower, and the lira slipping against both the dollar and euro.