Turkey's equity benchmark finished the trading day stronger on Thursday, as sector gains pushed the BIST 100 up 2.85% to a fresh all-time high. The session's advance was led by moves in the Banking, Leasing & Factoring and Metal Products & Machinery groups.
At the close in Istanbul, the BIST 100 index recorded a 2.85% increase, reaching a new peak. The session featured several large single-stock moves among the blue chips and mid-caps listed on the exchange.
Top and bottom performers
The leading winner on the BIST 100 was Turkiye Vakiflar Bankasi TAO (IS:VAKBN), which climbed 9.95% - a gain of 3.72 points - to finish at 41.10. Akbank TAS (IS:AKBNK) was another strong performer, rising 8.58% or 7.20 points to close at 91.15. Qua Granite Hayal Yapi ve Urunleri Sanayi Ticaret AS (IS:QUAGR) advanced 8.42%, gaining 0.24 points to end the session at 3.09.
On the downside, Pasifik Eurasia Lojistik Dis Ticaret AS (IS:PASEU) fell 9.97%, losing 14.40 points to settle at 130.00. Kiler Holding AS (IS:KLRHO) also declined 9.97%, down 51.75 points to 467.25 at the close. Cw Enerji Muhendislik Ticaret ve Sanayi AS (IS:CWENE) lost 1.96%, slipping 0.64 points to finish at 32.06.
Market breadth and notable records
Advancers outnumbered decliners by a wide margin on the Istanbul Stock Exchange, with 466 stocks higher versus 130 stocks lower; 16 shares ended unchanged. Turkiye Vakiflar Bankasi TAO (IS:VAKBN) reached an all-time high during the session, following its 9.95% rise to 41.10.
Commodities and currencies
Precious metals and energy contracts were lower. Gold Futures for April delivery decreased 0.20%, a drop of 10.25, to trade at $5,088.25 a troy ounce. In energy markets, crude oil for March delivery fell 1.04% or 0.67 to $63.96 a barrel, while the April Brent contract slipped 1.02% or 0.71 to $68.69 a barrel.
Currency moves were modest: USD/TRY rose 0.03% to 43.65, and EUR/TRY increased 0.31% to 52.00. The US Dollar Index Futures edged down 0.04% to 96.68.
What this means for market participants
The session's gains reflected broad participation across bank and industrial-related names, contributing to the BIST 100's record close. While several individual issues posted sharp losses, overall market breadth favored advancers by a large margin.
Investors and analysts watching Turkish equities will note the continued strength in financial and industrial sectors, alongside mixed signals from commodity and currency markets that may influence future trading sessions.