Turkish equities closed higher on Monday, with the benchmark BIST 100 ending the session up 2.34% in Istanbul. Market strength was led by advances in the Wholesale & Retail Trade, Basic Metals and Non-Metal Mineral Products sectors, which together pushed the index into positive territory at the close.
Among individual names, EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS (IS:ECILC) recorded the largest gain on the BIST 100, finishing the day 10.00% higher - a rise of 10.80 points to close at 118.80. Kuyas Yatirim AS (IS:KUYAS) followed with a 9.96% increase, up 5.55 points to 61.30. Qua Granite Hayal Yapi ve Urunleri Sanayi Ticaret AS (IS:QUAGR) advanced 7.81%, or 0.21 points, to finish at 2.90.
Not all names moved up. The session's heaviest declines included Efor Yatirim Sanayi ve Ticaret A.Ş. (IS:EFOR), which fell 3.11% - down 0.72 points to 22.46 at the close. Oba Makarnacilik Sanayi ve Ticaret AS (IS:OBAMS) slipped 2.61%, or 0.21 points, to 7.83. Grainturk Holding AS (IS:GRTHO) declined 2.04%, a drop of 5.15 points, to close at 247.60.
Market breadth was emphatically positive on the Istanbul Stock Exchange. Rising stocks outnumbered decliners by 532 to 69, while 8 stocks ended the session unchanged, indicating broad participation in the rally.
Commodities moved alongside equities. Gold futures for April delivery gained 1.54%, or 76.69, to trade at $5,056.49 a troy ounce. In energy markets, crude oil for March delivery rose 0.88%, up $0.56, to $64.11 a barrel, and the April Brent contract increased 0.91%, or $0.62, to $68.67 a barrel.
Currency markets showed modest movement. The U.S. dollar traded slightly stronger against the lira, with USD/TRY up 0.03% at 43.60. EUR/TRY rose 0.84% to 51.96. The U.S. Dollar Index Futures was lower on the session, down 0.71% at 96.81.
The session left investors with a clear picture of where strength was concentrated and which individual stocks experienced the most pronounced moves. The mix of strong breadth, commodity gains and limited currency movement framed the market backdrop as trading concluded in Istanbul.