Turkish equities ended the trading day in negative territory on Tuesday, with the BIST 100 finishing down 1.45% as sector-specific weakness pushed the market lower.
At the close in Istanbul, sector declines led by Telecoms, Textile & Leather and Basic Metals were cited as primary drivers of the session's losses. Market breadth was tilted toward decliners, with 505 issues falling versus 107 that advanced; eight stocks finished unchanged.
Top performers
- Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi (IS:EUREN) gained 9.93% - rising 0.45 points to close at 4.98.
- Ral Yatirim Holding AS (IS:RALYH) added 5.18% - up 10.40 points to finish at 211.00.
- Petkim Petrokimya Holding AS (IS:PETKM) rose 5.08% - gaining 1.06 points to end the session at 21.92.
Lagging names
- Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) was the weakest performer, falling 9.22% - down 0.66 points to 6.50 at the close.
- Izdemir Enerji Elektrik Uretim AS (IS:IZENR) declined 6.46% - a drop of 0.63 points to 9.12.
- Pasifik Gayrimenkul Yatirim Ortakligi AS (IS:PSGYO) slid 6.37% - losing 0.16 points to close at 2.35.
Two notable price extremes were recorded during the session. Shares of Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) fell to a 52-week low, closing at 6.50 after a 9.22% drop. Conversely, Petkim Petrokimya Holding AS (IS:PETKM) moved up to a 52-week high, finishing at 21.92 following a 5.08% gain.
Commodities and exchange rates
In commodities trading, Gold Futures for June delivery slipped 0.09% - down 4.40 to $4,680.30 a troy ounce. Oil prices saw mixed moves: crude oil for May delivery rose 3.32% - up 3.73 to $116.14 a barrel, while the June Brent contract increased 0.75% - up 0.82 to trade at $110.59 a barrel.
Currency markets showed modest upward moves in the lira against major currencies: USD/TRY rose 0.10% to 44.61, and EUR/TRY increased 0.35% to 51.68. The US Dollar Index Futures was down 0.09% at 99.71.
The session closed with the headline index lower and sector-level pressures concentrated in Telecoms, Textile & Leather and Basic Metals. Market participants will likely monitor whether the broader commodity and currency developments influence investor appetite in the coming sessions.