BIST 100 Edges Up 0.17% as Tourism and Technology Shares Lead

Turkey’s BIST 100 rose 0.17% to 12,270.18 on October 2, as tourism, information technology and textile-leather shares advanced while performance across sectors and leading stocks remained mixed.
An Istanbul trading floor with workstations and market display screens near the end of a session. An Istanbul trading floor with workstations and market display screens near the end of a session.

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Turkish shares closed modestly higher on Friday, October 2, with the BIST 100 rising 0.17% to 12,270.18 points. Gains in tourism, information technology and textile-leather shares helped lift the benchmark, while declines in several other sectors and a fall in prominent industrial and technology stocks limited the advance.

The index traded between 12,233.27 and 12,367.70 during the session, according to Bloomberg HT’s end-of-day market report. The modest gain followed a 2.53% rise on Thursday, when the index closed at 12,249.04, leaving Friday’s finish just above the previous session’s level.

Advancers outnumbered decliners

Investing.com reported that 365 shares rose on the Istanbul Stock Exchange, compared with 256 that fell; 24 were unchanged. The broader advance count contrasted with the BIST 100’s small percentage gain, illustrating that the index’s movement was not a measure of every listed share’s performance.

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Within the benchmark, Otokar Otomotiv ve Savunma Sanayi was the strongest reported gainer, adding 9.94% to close at 340.25 lira. Baticim Bati Anadolu Sanayi ve Ticaret rose 9.90% to 2.11 lira, while Kordsa Global gained 7.04% to 3.04 lira.

On the weaker side, Vestel Elektronik fell 4.03% to 17.39 lira, which Investing.com said was a five-year low. Gur-Sel Turizm Tasimacilik ve Servis declined 3.84% to 269.50 lira, and Can2 Termik lost 3.64% to 1.06 lira.

Sector gains were uneven

Bloomberg HT’s sector data showed information technology up 3.40%, tourism up 3.21% and textile-leather shares up 1.73%. The figures broadly match Investing.com’s description of the sectors leading the session, although the publications’ reported tourism and textile-sector gains differ.

Losses were concentrated elsewhere. Bloomberg HT listed chemicals, petroleum and plastics down 1.60%, technology down 0.96% and sports shares down 0.84%. That decline in its technology sector measure coexisted with gains in information technology, reflecting the separate sector classifications tracked in the report rather than a uniform move across all technology-related shares.

High trading activity in selected stocks

Among shares highlighted by Bloomberg HT for trading volume, Aselsan was the most actively traded by value, with turnover of 17.40 billion lira, though it fell 1.96% to 362.75 lira. Astor Enerji rose 4.96% to 220 lira on 16.10 billion lira of turnover, while Turkish Airlines gained 1.92% to 292 lira on 8.98 billion lira.

These individual moves show the mixed performance beneath the headline index result. Aselsan’s decline, for example, did not prevent the benchmark from closing higher, while advances in other large-volume shares contributed to a varied session. The available market reports do not identify a single event or company announcement as the cause of the day’s index move.

Lira and commodities also in focus

In currency trading, the dollar was quoted at 49.14 Turkish lira and the euro at 55.38 lira in Investing.com’s closing-market account. Bloomberg HT likewise reported the dollar at about 49.14 lira and the euro at 55.38 lira around 6:30 p.m. local time.

Oil futures declined in Investing.com’s report: November U.S. crude fell 3.08% to $90.01 a barrel, while December Brent fell 1.83% to $100.44. Those commodity prices provide a snapshot of the session’s wider markets, but the reports do not establish that the oil moves drove Turkish equities.

The BIST 100’s next trading session was scheduled for the following market day; the reporting reviewed here does not identify a specific upcoming catalyst for the index. Friday’s data establish a narrow weekly-end gain after Thursday’s stronger advance, alongside broad but uneven participation across listed shares.

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