Turkey’s equities extended gains at Wednesday’s close, with the BIST 100 index climbing 2.34% to a one-month peak as broad-based buying lifted shares across energy, banking and industrial groups.
The gauge finished at 10,589.40, marking its highest settlement since mid-July. Advancers outnumbered decliners by roughly two-to-one, with 426 stocks rising against 191 falling, while 22 ended flat. The advance was supported by strength in the chemical, petroleum and plastic sector, alongside gains in banking and industrials.
Among individual movers, Gubre Fabrikalari TAS led with a 9.97% gain to 471.75 lira, followed by Altinay Savunma Teknolojileri AS, which rose 9.96% to 17.12 lira. Qua Granite Hayal Yapi ve Urunleri Sanayi Ticaret AS added 9.72% to 3.50 lira.
On the downside, Odine Solutions Teknoloji Ticaret ve Sanayi AS fell 9.99% to 2,545 lira, while Oba Makarnacilik Sanayi ve Ticaret AS declined 4.24% to 5.20 lira. GurSel Turizm Tasimacilik Ve Servis Ticaret AS slipped 2.95% to 328.50 lira.
Commodity-linked sentiment improved as gold futures for December delivery rose 2.72% to $4,541.01 per troy ounce. Crude oil benchmarks also advanced, with U.S. WTI for October delivery up 1.48% at $85.30 per barrel and Brent crude for October gaining 1.34% to $92.24 per barrel.
The Turkish lira showed modest strength, with the USD/TRY rate up 0.07% at 47.94, while the EUR/TRY pair rose 0.80% to 55.94. The U.S. Dollar Index futures fell 0.71% to 98.84.
