Stock Markets February 26, 2026

BIST 100 Edges Up as Leasing, Transport and Banking Stocks Lead Gains

Istanbul benchmark closes 0.50% higher with mixed individual stock moves; commodities and FX see modest shifts

By Caleb Monroe
BIST 100 Edges Up as Leasing, Transport and Banking Stocks Lead Gains

Turkey's BIST 100 closed higher, gaining 0.50% as advances in Leasing & Factoring, Transport and Banking stocks supported the market. Several individual names posted notable moves in both directions, while commodities and currency pairs showed moderate changes at the session's end in Istanbul. Overall breadth favoured decliners.

Key Points

  • BIST 100 closed up 0.50% as gains in Leasing & Factoring, Transport and Banking lifted the index.
  • Top gainers included DSTKF (+8.81%), BRSAN (+5.03%) and KUYAS (+3.81%); biggest losers were KLRHO (-10.00%), GSRAY (-8.15%) and SOKM (-3.91%).
  • Market breadth favoured decliners with 317 falling stocks versus 272 advancing; KUYAS reached an all-time high at 77.75.

Turkey's main equity index ended Thursday's session in positive territory, with the BIST 100 finishing the day up 0.50% at the close in Istanbul. Leadership came from companies in the Leasing & Factoring, Transport and Banking sectors, which collectively helped lift the benchmark.

The session's leading outperformer was Destek Finans Faktoring As (IS:DSTKF), which climbed 8.81%, gaining 119.00 points to finish at 1,469.00. Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS (IS:BRSAN) followed, adding 5.03% or 34.50 points to end the day at 720.00. Kuyas Yatirim AS (IS:KUYAS) also posted a strong result, rising 3.81% or 2.85 points to close at 77.75 in late trade.

On the downside, Kiler Holding AS (IS:KLRHO) recorded the steepest decline, falling 10.00% or 38.25 points to settle at 344.25. Galatasaray Sportif Sinai ve Ticari Yatirimlar AS (IS:GSRAY) dropped 8.15% or 0.11 points to finish at 1.24, while Sok Marketler (IS:SOKM) lost 3.91% or 2.70 points to close at 66.30.

Market breadth was tilted toward declines: 317 stocks fell compared with 272 advancers, and 25 shares closed unchanged on the Istanbul Stock Exchange.

There was a notable milestone in the session for Kuyas Yatirim AS (IS:KUYAS), with the stock hitting an all-time high at the close, up 3.81% or 2.85 to 77.75.

In commodities trading, Gold Futures for April delivery moved lower, down 1.30% or 68.06 to $5,158.14 a troy ounce. Crude oil for April delivery edged up 0.40% or 0.26 to $65.68 a barrel, and the May Brent contract gained 0.88% or 0.62 to trade at $71.31 a barrel.

Foreign-exchange rates showed relatively minor changes at the close: USD/TRY was up 0.06% at 43.88, while EUR/TRY slipped 0.01% to 51.83. The US Dollar Index Futures were higher by 0.18%, trading at 97.80.


Market takeaway - The trading day closed with the benchmark modestly higher, driven by sector-specific strength in leasing and transportation-related names and support from parts of the banking complex, while a larger number of individual stocks ended the session lower.

Risks

  • Despite the index rise, a higher number of individual stocks fell than rose - this disparity may indicate uneven sector performance, affecting investors focused on retail and consumer names as well as small caps.
  • Significant single-stock declines (for example Kiler Holding and Galatasaray Sportif) highlight volatility risks for holders of those equities and for sectors such as retail and leisure that those companies represent.
  • Commodity and FX moves, while moderate, can influence sector margins - changes in oil prices and the lira may impact cost structures for transport and import-reliant firms.

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