Stock Markets February 25, 2026

Turkish Equities Slip as Financial and Investment Names Weigh on BIST 100

Borsa Istanbul benchmark falls 1.71% with losses concentrated in leasing, holdings and financial stocks

By Priya Menon
Turkish Equities Slip as Financial and Investment Names Weigh on BIST 100

Turkey's BIST 100 closed lower, slipping 1.71% as sector losses in Leasing & Factoring, Holdings & Investments and Financials dragged the market down. Decliners outnumbered advancers by a wide margin, while select small- and mid-cap names posted notable moves. Commodities and FX markets showed mixed shifts, with gold higher and crude oil softer.

Key Points

  • BIST 100 closed down 1.71% as losses in Leasing & Factoring, Holdings & Investments and Financials pressured the market.
  • Top gainers included GENIL (+6.83%), VESTL (+3.82%) and ZOREN (+2.93%); biggest decliners were KLRHO (-10.00%), DSTKF (-9.21%) and IZENR (-7.72%).
  • Market breadth was negative with 483 decliners, 120 advancers and 9 unchanged; commodities and FX showed mixed, relatively modest moves.

Shares in Turkey finished the session lower on Wednesday as weakness among leasing, holdings and broader financial names pushed the BIST 100 down 1.71% at the close in Istanbul.

On the index leaderboard, Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS (IS:GENIL) led gains, rising 6.83% - an increase of 0.49 points to finish at 7.66. Vestel Elektronik Sanayi ve Ticaret AS (IS:VESTL) added 3.82%, or 1.14 points, to close at 31.00, while Zorlu Enerji Elektrik Uretim AS (IS:ZOREN) advanced 2.93%, or 0.10 points, to 3.51.

At the other end of the spectrum, Kiler Holding AS (IS:KLRHO) posted the largest decline, falling 10.00% - a drop of 42.50 points to settle at 382.50. Destek Finans Faktoring As (IS:DSTKF) fell 9.21%, a loss of 137.00 points to end at 1,350.00, and Izdemir Enerji Elektrik Uretim AS (IS:IZENR) declined 7.72%, or 0.78 points, to finish at 9.32.


Market breadth tilted sharply negative on the Istanbul Stock Exchange, with 483 names closing lower versus 120 advancing and 9 unchanged.

Commodities traded mixed: Gold Futures for April delivery rose 0.36%, or 18.69, to $5,194.99 a troy ounce. In the energy complex, crude oil for April delivery eased 0.38%, or 0.25, to $65.38 a barrel, while the May Brent contract slipped 0.01%, or 0.01, to $70.57 a barrel.

Foreign exchange moves were modest. The USD/TRY rate moved up 0.06% to 43.87, and EUR/TRY increased 0.20% to 51.77. The US Dollar Index Futures was down 0.02% at 97.75.


Wednesday's session was characterized by sector-driven weakness rather than a handful of index-heavy moves, with Leasing & Factoring, Holdings & Investments and Financials cited as the primary drags on the benchmark. The breadth statistics underline the wider participation in declines across the exchange.

Investors tracking individual movers saw a mix of strong rebounds in health and electronics names alongside notable losses among holding and factoring companies. Price shifts in commodities and currency pairs were relatively contained but add context to the market environment in which the equity moves occurred.

Risks

  • Sector concentration risk - losses centered in Leasing & Factoring, Holdings & Investments and Financials could signal vulnerability in those sectors.
  • Market breadth risk - a wide imbalance between decliners and advancers suggests broader downside participation across the exchange.
  • Commodity and FX fluctuations - changes in gold, crude oil and currency pairs, while modest, could influence sector-level performance for energy, financials and import-dependent firms.

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