Turkey's equity benchmark finished slightly in the red on Tuesday, with sector-level losses in Sports, Transport and Textile & Leather contributing to the modest decline in the BIST 100.
At the close of trading in Istanbul, the BIST 100 index was down 0.08%.
Top performers
The session's leading winners included Katilimevim Tasarruf Finansman AS (IS:KTLEV), which climbed 9.96% - a gain of 3.66 points - to finish at 40.42. Kiler Holding AS (IS:KLRHO) advanced 7.39%, adding 29.25 points to close at 425.00. Destek Finans Faktoring As (IS:DSTKF) rose 6.06%, or 85.00 points, to end trading at 1,487.00.
Lagging names
Among the weakest stocks were Fenerbahce Futbol AS (IS:FENER), which fell 9.54%, losing 0.33 points to finish at 3.13. Efor Yatirim Sanayi ve Ticaret A.Ş. (IS:EFOR) declined 6.58%, or 1.54 points, to close at 21.86. EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS (IS:ECILC) slipped 5.09%, down 6.30 points to 117.50.
Market breadth on the Istanbul Stock Exchange showed more decliners than advancers, with 439 stocks falling versus 156 advancing and 17 finishing unchanged.
Notable milestone
Shares of Destek Finans Faktoring As (IS:DSTKF) reached an all-time high during the session, closing up 6.06% at 1,487.00.
Commodities and currencies
On the commodities front, Gold Futures for April delivery fell 1.31%, a decline of 68.36, to settle at $5,157.24 per troy ounce. Crude oil prices also retreated: April delivery crude lost 0.66% or $0.44 to trade at $65.87 a barrel, while the May Brent contract decreased 0.45% or $0.32 to $70.79 a barrel.
In currency markets, USD/TRY ticked up 0.07% to 43.86, while EUR/TRY edged down 0.08% to 51.67. The US Dollar Index Futures was higher by 0.22%, at 97.86.
Promotional claims included in the session notes
Separate promotional copy accompanying the market report highlighted performance figures for AI-driven stock portfolios: year-to-date, two out of three global portfolios were said to be outperforming their benchmark indexes and 88% of portfolios were reported as being in positive territory. The copy also stated that a flagship strategy called Tech Titans had outpaced the S&P 500 over an 18-month period and listed Super Micro Computer (+185%) and AppLovin (+157%) as notable winners.
Conclusion
The trading day ended with the BIST 100 marginally lower as sectoral declines outweighed gains in selected stocks. Commodities and currency pairs moved modestly, and market breadth favoured downside movers over advancers.