Stock Markets June 26, 2026 11:30 AM

Istanbul bourse ticks up as select metals, food and holdings stocks lead gains

BIST 100 ends marginally higher amid mixed breadth; oil retreats while gold and the lira move higher

By Ajmal Hussain
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The BIST 100 closed modestly higher, rising 0.10% on Friday with gains concentrated in Basic Metals, Food & Beverages and Holdings & Investments. Large percentage moves were recorded in both directions among individual stocks, while commodities and FX markets showed divergent moves: gold climbed, oil slipped and the Turkish lira strengthened slightly against major currencies.

Istanbul bourse ticks up as select metals, food and holdings stocks lead gains
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Key Points

  • BIST 100 rose 0.10% at the close with gains concentrated in Basic Metals, Food & Beverages and Holdings & Investments sectors.
  • Individual movers included RALYH, VESTL and TKFEN on the upside, and MAGEN, BALSU and SKBNK on the downside.
  • Commodities and FX diverged: gold futures gained, both U.S. crude and Brent oil fell, and the lira strengthened modestly versus the dollar and euro.

Turkey's benchmark equity gauge ended the trading day in Istanbul with a small advance as gains in several sector pockets offset broader weakness across the exchange.

The BIST 100 finished the session up 0.10%.

Leading the winners, Ral Yatirim Holding AS (IS:RALYH) posted a 10.00% increase, gaining 14.40 points to close at 158.40. Vestel Elektronik Sanayi ve Ticaret AS (IS:VESTL) climbed 9.97%, or 2.36 points, to finish at 26.04. Tekfen Holding AS (IS:TKFEN) also contributed to the upside, rising 6.70% and adding 8.90 points to end the day at 141.70.

On the downside, Margun Enerji Uretim Sanayi ve Ticaret AS (IS:MAGEN) fell 10.00%, losing 3.60 points to close at 32.40. Balsu Gida Sanayi ve Ticaret AS (IS:BALSU) dropped 9.41%, or 1.93 points, to 18.59. Sekerbank TAS (IS:SKBNK) declined 8.69%, down 1.47 points to finish at 15.45.

Market breadth reflected more declines than advances. A total of 337 stocks fell while 258 advanced on the Istanbul Stock Exchange, and 29 issues finished unchanged.

Commodities showed mixed performance during the session. Gold Futures for August delivery rose 1.32%, adding 53.32 to settle at $4,100.92 a troy ounce. By contrast, crude oil prices moved lower: the August U.S. crude contract slipped 4.39%, down $3.16 to $68.76 per barrel, and the September Brent contract fell 4.42%, or $3.34, to $72.16 per barrel.

Currency markets registered modest moves against the Turkish lira. The USD/TRY pair was up 0.25% at 46.62, while EUR/TRY increased 0.26% to 53.21. The US Dollar Index Futures traded 0.19% lower at 101.00.


Summary of session dynamics:

  • Index: BIST 100 closed up 0.10%.
  • Top gainers: RALYH, VESTL, TKFEN.
  • Top decliners: MAGEN, BALSU, SKBNK.
  • Breadth: 337 declining stocks, 258 advancing, 29 unchanged.
  • Commodities: gold higher; U.S. crude and Brent both lower.
  • FX: USD/TRY and EUR/TRY were higher; U.S. Dollar Index Futures eased.

Risks

  • Market breadth was negative with more decliners than advancers - this uneven participation could limit the durability of the index's small gain (affects overall equity market sentiment).
  • Significant declines in oil prices may pressure energy-related companies and linked sectors, given the reported fall in both U.S. crude and Brent (affects energy and commodity-sensitive stocks).
  • Notable single-stock volatility, as seen in double-digit moves both up and down, poses execution and risk-management challenges for traders and investors in mid- and small-cap names (impacts stock-specific risk).

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