Stock Markets March 20, 2026

Turkish shares slip as BIST 100 closes 0.51% lower

Banking, technology and basic metals weigh on index while select names post notable moves

By Derek Hwang
Turkish shares slip as BIST 100 closes 0.51% lower

Turkey's main equity gauge, the BIST 100, finished the Friday session down 0.51% as losses in the Banking, Technology and Basic Metals sectors pressured the market. A handful of stocks posted double-digit percentage moves in both directions, and commodity and currency moves were mixed across the session.

Key Points

  • BIST 100 finished the session down 0.51% at the close in Istanbul.
  • Top gainers included REEDR (+9.98%), DOAS (+5.36%) and MIATK (+5.24%); major decliners included EFOR (-9.98%), KLRHO (-8.02%) and TRALT (-5.22%).
  • Commodities and FX were mixed: April gold fell 0.90%, May crude rose 1.19%, Brent rose 0.84%, USD/TRY increased 0.07%, EUR/TRY fell 0.18% and US Dollar Index Futures rose 0.40%.

Turkey stocks were lower after the close on Friday, as losses in the Banking, Technology and Basic Metals sectors led shares lower.

At the close in Istanbul, the BIST 100 declined 0.51%.


Market movers

The session produced sharp individual moves. On the upside, Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR) climbed 9.98% or 0.81 points to finish at 8.93. Dogus Otomotiv Servis ve Ticaret AS (IS:DOAS) added 5.36% or 10.50 points to close at 206.50, while Mia Teknoloji AS (IS:MIATK) rose 5.24% or 1.98 points to end the day at 39.80.

On the downside, Efor Yatirim Sanayi ve Ticaret A.S. (IS:EFOR) led losses, falling 9.98% or 1.25 points to trade at 11.28 at the close. Kiler Holding AS (IS:KLRHO) declined 8.02% or 10.40 points to 119.20, and Turk Altin Isletmeleri AS (IS:TRALT) was down 5.22% or 2.56 points to 46.52.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 0 to 0.


Notable status

Shares in Efor Yatirim Sanayi ve Ticaret A.Ş. (IS:EFOR) fell to 52-week lows; losing 9.98% or 1.25 to 11.28.


Commodities and currencies

  • Gold Futures for April delivery was down 0.90% or 41.65 to $4,564.05 a troy ounce.
  • Crude oil for delivery in May rose 1.19% or 1.14 to hit $96.69 a barrel.
  • The May Brent oil contract rose 0.84% or 0.91 to trade at $109.56 a barrel.
  • USD/TRY was up 0.07% to 44.32, while EUR/TRY fell 0.18% to 51.23.
  • The US Dollar Index Futures was up 0.40% at 99.45.

Closing observation

The session closed with the headline index lower and a split in individual stock performance, with technology and automotive-related names among the winners while a set of companies in the retail and metals space recorded outsized declines. Commodity moves were mixed, with gold lower and oil higher, and both the dollar crosses against the lira and the US Dollar Index Futures finished the session stronger.

Risks

  • Continued weakness in the Banking, Technology and Basic Metals sectors could keep downward pressure on the BIST 100 - these sectors were cited as leading losses during the session.
  • Volatility in individual names, evidenced by double-digit percentage moves in both directions, increases single-stock risk for investors in the affected companies.
  • Moves in commodities and currency pairs, including lower gold, higher oil, and shifts in USD/TRY and EUR/TRY, introduce market and translation risks for sector performance tied to commodities and foreign exchange.

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