Turkey's stock market closed in positive territory on Tuesday, with the BIST 100 index adding 0.32% to register a new one-month high at the end of trading in Istanbul. Sector gains were concentrated in Technology, Metal Products & Machinery and Information Technology, which collectively bolstered the benchmark.
The session's top performers on the BIST 100 included Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS (GENIL), which climbed 10.00% or 0.86 points to end at 9.46. Kontrolmatik Teknoloji Enerji ve Mu (KONTR) followed, rising 9.98% or 0.62 points to close at 6.83. Pasifik Gayrimenkul Yatirim Ortakligi AS (PSGYO) also posted strong gains, advancing 9.97% or 0.33 points to finish at 3.64.
On the downside, Ral Yatirim Holding AS (RALYH) was the weakest name on the index, falling 6.42% or 14.00 points to close at 204.00. Alarko Holding AS (ALARK) declined 5.12% or 5.60 points to end the day at 103.80, while Kiler Holding AS (KLRHO) slid 5.07% or 4.95 points to 92.65.
Market breadth in Istanbul was skewed toward decliners: 359 stocks fell versus 238 that advanced, and 25 issues finished unchanged. That imbalance indicates that despite the index-level gain, a larger portion of individual listings moved lower during the session.
Commodities and currency moves
Across commodities, Gold Futures for August delivery fell 0.12% or 5.01 to trade at $4,346.59 a troy ounce. Crude oil also weakened: the July WTI contract lost 4.57% or 3.69 to settle at $77.06 a barrel, and the August Brent contract declined 3.88% or 3.23 to $79.94 a barrel.
Currency markets showed modest movement versus the Turkish lira. USD/TRY rose 0.04% to 46.30, while EUR/TRY increased 0.15% to 53.77. Additionally, US Dollar Index Futures were down 0.03% at 99.35.
Market implications
The day’s trading produced a modest rise in the headline index while individual stock performance was mixed, with several large percentage moves on both the upside and downside. Commodities and currency fluctuations were notable intraday factors.
Note: All price changes, percentages and levels are reported as of the Istanbul close on Tuesday.