Stock Markets February 11, 2026

Istanbul market slips as tourism and holdings weigh; select stocks and commodities move

BIST 100 closes marginally lower as sector losses outpace gains; energy and fertilizer names post gains while select holdings and healthcare lag

By Leila Farooq GUBRF
Istanbul market slips as tourism and holdings weigh; select stocks and commodities move
GUBRF

Turkey's main equity gauge closed modestly in the red on Wednesday, with the BIST 100 slipping 0.07% as losses in the Tourism, Holdings & Investments and Wood, Paper & Printing sectors outweighed advances elsewhere. A handful of names including Astor Enerji AS and Gubre Fabrikalari TAS posted notable gains and reached record levels, while several holdings and health-related stocks registered some of the steepest declines. Commodities and FX markets also saw moves, with gold and crude oil rising and Turkish lira crosses shifting slightly.

Key Points

  • BIST 100 closed down 0.07% as losses in Tourism, Holdings & Investments and Wood, Paper & Printing led declines.
  • Top gainers included Astor Enerji AS (IS:ASTOR) and Gubre Fabrikalari TAS (IS:GUBRF), both rising strongly and reaching all-time highs; largest declines included Kiler Holding AS (IS:KLRHO), Gen Ilac (IS:GENIL) and Dap Gayrimenkul (IS:DAPGM).
  • Commodities were firmer with April gold futures up 0.81% to 5,071.65 an ounce and crude oil contracts rising (Brent at $69.96, March crude at $65.08); FX moves were modest with USD/TRY at 43.64 and EUR/TRY at 51.77.

Stocks on the Istanbul exchange finished lower on Wednesday, with the broad BIST 100 index down 0.07% at the close in Istanbul. Sector-level weakness in Tourism, Holdings & Investments and Wood, Paper & Printing contributed to the downbeat session.

The day's top-performing stocks on the BIST 100 included Astor Enerji AS (IS:ASTOR), which advanced 4.85% or 8.00 points to finish at 173.00. Gubre Fabrikalari TAS (IS:GUBRF) added 4.52% or 23.50 points and closed at 543.00, while Hektas Ticaret TAS (IS:HEKTS) rose 4.32% or 0.14 points to 3.38 in late trade.

On the downside, Kiler Holding AS (IS:KLRHO) recorded the largest drop among BIST 100 names, falling 9.97% or 57.50 points to end the day at 519.00. Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS (IS:GENIL) declined 4.30% or 0.37 points to 8.23, and Dap Gayrimenkul Gelistirme AS (IS:DAPGM) lost 4.13% or 0.50 points to close at 11.60.

Breadth on the Istanbul Stock Exchange favored decliners: 329 issues fell compared with 260 that rose, and 21 shares finished unchanged.

Two stocks reached new record highs during the session. Astor Enerji AS rose to an all-time high with its 4.85% gain to 173.00, and Gubre Fabrikalari TAS likewise climbed to an all-time high, up 4.52% to 543.00.

Commodities markets were firmer. Gold futures for April delivery increased 0.81% or 40.65 to trade at 5,071.65 a troy ounce. In energy, crude oil for March delivery rose 1.75% or 1.12 to $65.08 a barrel, while the April Brent contract gained 1.69% or 1.16 to trade at $69.96 a barrel.

Foreign-exchange moves were modest. The USD/TRY pair was up 0.05% at 43.64, while EUR/TRY fell 0.30% to 51.77. The US Dollar Index Futures was firmer as well, trading up 0.25% at 96.92.


Overall, the session was characterized by small index-level losses concentrated in a few sectors, with mixed results at the individual stock level and contemporaneous gains in gold and oil prices.

Risks

  • Sector concentration risk - losses were concentrated in Tourism, Holdings & Investments and Wood, Paper & Printing, indicating potential volatility in those sectors.
  • Commodity and price risk - movements in gold and crude oil were notable and can affect related sectors and sensitivities.
  • Currency risk - small moves in USD/TRY and EUR/TRY highlight exchange-rate sensitivity that can influence exporters, importers and currency-exposed assets.

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