Turkey's stock market finished the session higher on Friday as sector gains pushed the benchmark upward. The BIST 100 added 2.81% at the close in Istanbul, moving the index to a new one-month high.
Leading sector contributors were Technology, Leasing & Factoring and Wood, Paper & Printing, which supported the broader advance across the exchange. Market participation favored buyers, with 483 stocks finishing higher, 115 declining and 22 unchanged.
Among individual shares, Kontrolmatik Teknoloji Enerji ve Mu (IS:KONTR) was the session's top performer, jumping 10.00% or 0.88 points to finish at 9.68. Grainturk Holding AS (IS:GRTHO) followed closely, rising 9.96% or 25.00 points to close at 276.00. Pasifik Teknoloji A.S. (IS:PATEK) also posted strong gains, up 9.94% or 1.81 points to 20.02.
On the downside, Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) registered the largest drop, sliding 9.95% or 0.59 points to end at 5.34. Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (IS:KRDMD) declined 1.58% or 0.58 points to 36.10. Oba Makarnacilik Sanayi ve Ticaret AS (IS:OBAMS) fell 1.19% or 0.10 points to 8.32.
The session included a notable low: shares of Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) moved to 52-week lows as they closed at 5.34, down 9.95% or 0.59.
Commodities and currency markets displayed mixed activity. Gold Futures for June delivery declined 0.43% or 20.65 to $4,797.35 a troy ounce. In oil markets, crude for May delivery rose 1.31% or 1.28 to $99.15 a barrel, while the June Brent contract increased 1.03% or 0.99 to trade at $96.91 a barrel.
On foreign exchange crosses relevant to local markets, USD/TRY moved up 0.22% to 44.66 and EUR/TRY rose 0.40% to 52.43. The US Dollar Index Futures was lower, down 0.17% at 98.43.
The session's results underline a broadly positive tone across the Istanbul exchange, with particular strength in technology-related and specialty sectors. At the same time, individual names experienced divergent fortunes, as some small-cap and mid-cap issues delivered large percentage moves in both directions.
Market snapshot
- BIST 100 - up 2.81% to a one-month high
- Advancers/Decliners - 483/115 with 22 unchanged
- Top gainers - KONTR, GRTHO, PATEK
- Top losers - EFOR, KRDMD, OBAMS