Market close
Turkey's equities finished the session lower on Friday, with the BIST 100 down 0.49% at the close in Istanbul. The decline came as the Holdings & Investments, Telecoms and Sports sectors posted the heaviest losses across the exchange.
Top movers
Among the index constituents, Grainturk Holding AS (IS:GRTHO) was the session's strongest performer, advancing 5.53% - or 13.25 points - to finish at 252.75. Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS (IS:BRSAN) climbed 4.78% - or 31.00 points - to close at 680.00, a move that took the stock to 52-week highs. Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) also recorded a gain, rising 3.30% - or 0.74 points - to end the day at 23.18.
Lagging names
On the downside, Kiler Holding AS (IS:KLRHO) led losses, sliding 8.20% - or 50.50 points - to finish at 565.00. Kontrolmatik Teknoloji Enerji ve Mu (IS:KONTR) fell 5.38% - or 0.56 points - to close at 9.84, while Balsu Gida Sanayi ve Ticaret AS (IS:BALSU) lost 5.28% - or 0.92 points - to trade at 16.51 by the end of the session.
Market breadth and activity
Declining issues outnumbered advancing stocks on the Istanbul Stock Exchange by 346 to 248, and 18 issues finished unchanged, indicating broader weakness across the market.
Commodities and currencies
In commodities trading, Gold Futures for April delivery were up 1.86% - or 91.16 - settling at $4,980.66 a troy ounce. Energy prices also moved higher: crude oil for March delivery rose 0.98% - or 0.62 - to $63.91 a barrel, and the April Brent contract increased 1.02% - or 0.69 - to $68.24 a barrel.
Foreign exchange rates showed modest lira depreciation. USD/TRY was up 0.20% at 43.61, while EUR/TRY rose 0.27% to 51.53. The US Dollar Index Futures traded lower, down 0.12% at 97.58.
Takeaway
Friday's session reflected targeted strength in a handful of stocks amid a broader market pullback led by several cyclical and telecom-related names. Commodity gains and small moves in FX accompanied the equity decline.
Data points, sector attributions and price moves cited above reflect closing session information for the Istanbul Stock Exchange and related commodity and currency contracts.