Turkey’s BIST 100 index advanced 0.82% on Friday, closing at a one-month high as gains in commodity-related and industrial equities offset declines in technology and construction-linked stocks.
Advancing issues outnumbered decliners by 329 to 277 on the Istanbul Stock Exchange, with 35 stocks unchanged. The Chemical, Petroleum & Plastic, Leasing & Factoring, and Metal Products & Machinery sectors were the primary drivers of the day’s gains.
Among the top performers, Anadolu Metal Madencilik İşletmeleri AS surged 8.15% to 143.30, Bera Holding AS added 7.76% to 14.30, and Turk Altın İşletmeleri AS rose 6.03% to 54.55. Conversely, Odine Solutions Teknoloji Ticaret ve Sanayi AS led decliners with a 10% drop to 2,062.00, followed by Tekfen Holding AS down 9.97% to 205.90 and Qua Granite Hayal Yapı ve Ürünleri Sanayi Ticaret AS down 4.20% to 3.42.
Commodities showed mixed performance, with December gold futures up 1.92% at $4,659.06 per troy ounce. October crude oil futures fell 0.44% to $86.45 per barrel, while the Brent October contract edged up 0.10% to $93.87 per barrel.
The Turkish lira weakened against major peers, with the USD/TRY pair rising 0.83% to 48.06 and the EUR/TRY rate up 0.05% to 56.22.
