Stock Markets April 24, 2026 11:30 AM

Istanbul Bourse Edges Higher as Leasing, Chemical and Machinery Stocks Lead Gains

BIST 100 closes up 0.51% amid mixed commodity moves; Astor Enerji hits a record high

By Maya Rios
Istanbul Bourse Edges Higher as Leasing, Chemical and Machinery Stocks Lead Gains

Turkey's main stock index, the BIST 100, finished the trading day higher, supported by gains in the Leasing & Factoring, Chemical, Petroleum & Plastic and Metal Products & Machinery sectors. The benchmark rose 0.51% as several mid- and small-cap names delivered strong performances while a handful of stocks posted double-digit declines. Commodity prices and currency pairs showed modest movement alongside the equity rally.

Key Points

  • BIST 100 closed up 0.51%, led by gains in Leasing & Factoring, Chemical, Petroleum & Plastic and Metal Products & Machinery sectors.
  • Top individual winners included Efor Yatırım (IS:EFOR) +9.94%, Pasifik Eurasia Lojistik (IS:PASEU) +8.09% and Astor Enerji (IS:ASTOR) +6.54%, with Astor reaching an all-time high.
  • Market breadth was positive with 321 rising stocks versus 276 falling; commodities and FX exhibited modest, mixed moves that provided a neutral external backdrop.

Toward the close of trading on Friday in Istanbul, the BIST 100 advanced 0.51%, with sector leadership coming from Leasing & Factoring, Chemical, Petroleum & Plastic and Metal Products & Machinery names that pushed the index higher.

Top performers

The session's strongest gains on the BIST 100 included Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR), which appreciated 9.94% (up 1.05 points) to finish at 11.61. Pasifik Eurasia Lojistik Dis Ticaret AS (IS:PASEU) added 8.09% (up 10.10 points) to close at 135.00. Energy firm Astor Enerji AS (IS:ASTOR) rose 6.54% (up 13.60 points) to end the day at 221.50; the stock reached an all-time high during the session.

Lagging names

On the downside, Kontrolmatik Teknoloji Enerji ve Mu (IS:KONTR) declined 10.00% (down 1.17 points) to 10.53 at the close. Balsu Gida Sanayi ve Ticaret AS (IS:BALSU) fell 3.87% (down 0.61 points) to 15.17, and MLP Saglik Hizmetleri AS (IS:MPARK) decreased 3.46% (down 16.00 points) to 447.00.

Market breadth and internals

Advancers outpaced decliners on the Istanbul Stock Exchange, with 321 stocks rising versus 276 falling, while 20 issues finished unchanged. The breadth points to a market where gains were somewhat broadly distributed, though notable single-stock moves on both the upside and downside shaped the headline index result.

Commodities and FX backdrop

Commodity markets showed mixed signals during the session. Gold Futures for June delivery were up 0.34% (gaining 16.24) to $4,740.24 a troy ounce. U.S. crude for June delivery fell 0.66% (down 0.63) to $95.22 a barrel, while the June Brent contract rose 0.80% (up 0.84) to $105.91 a barrel.

Currency markets saw modest moves against the lira. USD/TRY advanced 0.10% to 45.02, and EUR/TRY increased 0.20% to 52.76. Meanwhile, the US Dollar Index Futures was down 0.14% at 98.46.

Takeaway

The close reflected selective strength in specific industrial and energy-related sectors, with several individual stocks delivering outsized returns while others posted notable declines. The commodities and FX moves were modest, providing a mixed external backdrop to the domestic equity gains.


Key metrics referenced in this report

  • BIST 100 change: +0.51%
  • Top gainer: Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) +9.94% to 11.61
  • Other notable gainers: Pasifik Eurasia Lojistik Dis Ticaret AS (IS:PASEU) +8.09% to 135.00; Astor Enerji AS (IS:ASTOR) +6.54% to 221.50 (all-time high)
  • Top decliner: Kontrolmatik Teknoloji Enerji ve Mu (IS:KONTR) -10.00% to 10.53
  • Market breadth: 321 advancers, 276 decliners, 20 unchanged
  • Gold (June): +0.34% to $4,740.24/oz; Crude (June): -0.66% to $95.22/bbl; Brent (June): +0.80% to $105.91/bbl
  • FX: USD/TRY 45.02; EUR/TRY 52.76; US Dollar Index Futures 98.46 (down 0.14%)

Risks

  • Significant single-stock volatility - several names recorded double-digit moves in both directions, which can increase portfolio risk for investors concentrated in mid- and small-cap Turkish equities (impacts equity investors and fund managers).
  • Mixed commodity price action - divergent moves in crude and Brent prices may complicate outlooks for energy-related companies and sectors sensitive to oil price volatility (impacts energy and utilities sectors).
  • Currency fluctuations - modest moves in USD/TRY and EUR/TRY add exchange-rate exposure for companies with dollar- or euro-linked costs or revenues (impacts import-dependent firms, exporters and FX-sensitive balance sheets).

More from Stock Markets

Avis Mania Sends Dow Transport Index on a Volatile Ride Apr 24, 2026 X-Energy Rockets to $11.9 Billion Valuation as Shares Jump in Nasdaq Debut Apr 24, 2026 Jane Street Tops Trading Peers with Nearly $40 Billion in Annual Net Revenue Apr 24, 2026 Investors Demand Higher Yields on $14 Billion Bond Linked to Oracle-Backed AI Data Centre Apr 24, 2026 TSX Inches Forward as Middle East Tensions Keep Oil Elevated Apr 24, 2026