Turkey’s equity benchmark ended the trading day lower on Friday, with the BIST 100 slipping 0.23% to close at a new one-month low. Weakness in the Technology, Sports and Information Technology sectors contributed to the decline.
At the close in Istanbul, gains were led by Katilimevim Tasarruf Finansman AS (IS:KTLEV), which rose 10.00% or 6.25 points to finish at 68.75. Ral Yatirim Holding AS (IS:RALYH) advanced 9.96% or 19.30 points to end the session at 213.00, while Tekfen Holding AS (IS:TKFEN) added 4.66% or 4.35 points to trade at 97.70.
On the downside, Dap Gayrimenkul Gelistirme AS (IS:DAPGM) fell 7.21% or 1.05 points to close at 13.52. Fenerbahce Futbol AS (IS:FENER) declined 4.40% or 0.12 points to 2.61, and Anadolu Metal Madencilik Isletmeleri AS (IS:TRMET) was down 4.37% or 5.50 points to 120.30.
Market breadth on the Istanbul Stock Exchange was tilted to the downside, with 425 issues closing lower, 183 finishing higher and 11 unchanged.
Two companies registered notable extremes during the session. Shares of Katilimevim Tasarruf Finansman AS (IS:KTLEV) climbed to all-time highs after the 10.00% advance that took the stock to 68.75. In contrast, Fenerbahce Futbol AS (IS:FENER) trades fell to 52-week lows, with the 4.40% drop taking the price to 2.61.
Commodities and foreign-exchange moves accompanied the equity performance. Gold futures for June delivery rose 3.71% or 163.42 to trade at $4,572.42 a troy ounce. In energy markets, crude oil for May delivery gained 3.10% or 2.93 to reach $97.41 a barrel, while the June Brent contract increased 1.51% or 1.54 to $103.43 a barrel.
Currency pairs involving the Turkish lira moved modestly: USD/TRY rose 0.31% to 44.46, and EUR/TRY increased 0.20% to 51.36. The US Dollar Index Futures was up 0.03% at 99.74.
The session mixed a few large individual stock moves with a generally softer market tone, as sector-level losses in Technology, Sports and Information Technology weighed on the headline index.