Turkey's benchmark stock index closed lower on Wednesday as sector-level weakness weighed on the overall market. At the close in Istanbul, the BIST 100 retreated 0.28%.
Market breadth skewed negative: 372 shares declined, 228 advanced and 18 finished unchanged on the exchange. The session's sector-level losses were concentrated in Insurance, Sports and Basic Metals, which collectively contributed to the downward pressure on the benchmark.
Top-performing names
- Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) led gains, advancing 8.53% - a rise of 0.83 points to close at 10.56.
- Destek Finans Faktoring As (IS:DSTKF) climbed 4.21%, up 102.00 points to finish at 2,525.00; the stock reached an all-time high in the session.
- Turkiye Petrol Rafinerileri AS (IS:TUPRS) rose 3.75%, gaining 9.50 points to end at 263.00 in late trade.
Largest declines
- Kontrolmatik Teknoloji Enerji ve Mu (IS:KONTR) posted the steepest fall, down 9.93% or 1.29 points to 11.70 at the close.
- Gulermak Agir Sanayi Insaat ve Taahhut AS (IS:GLRMK) slipped 9.90%, a decrease of 21.70 points to 197.40.
- Cvk Maden Isletmeleri Sanayi ve Ticaret AS (IS:CVKMD) fell 5.16% or 1.74 points to 32.00.
Outside equities, several commodity contracts and currency pairs moved notably. Gold futures for June delivery advanced 0.70% - up $32.99 - to trade at $4,752.59 per troy ounce. Crude oil for June delivery increased 3.01%, gaining $2.70 to reach $92.37 a barrel, while the June Brent contract rose 3.03% or $2.98 to $101.46 a barrel.
On the foreign exchange front, the USD/TRY rate ticked up 0.14% to 44.92. The EUR/TRY rate declined 0.27% to 52.66. The US Dollar Index Futures posted a modest gain of 0.10%, trading at 98.32.
The session was marked by concentrated moves in a handful of names alongside broader commodity and FX swings, leaving the BIST 100 modestly lower at the close.