Bist 100 extends gains as Turkish equities post midweek advance

Türkiye's main stock index concluded Wednesday's session with measurable gains, extending its positive momentum as investor confidence continued to build in Turkish financial markets. The BIST 100 finished at 10,914.65 points, marking a 0.53% increase from the previous close.

Trading Session Dynamics

After opening at 10,874.18 points, the benchmark index fluctuated between a daily low of 10,865.73 and a high of 10,953.03 before settling at its closing level. Market breadth showed a balanced performance with 51 sector indexes finishing higher while 46 declined, indicating selective but widespread buying interest across the Istanbul exchange.

Market Volume and Valuation

Trading activity remained substantial with a daily transaction volume reaching 113 billion Turkish liras ($2.66 billion). The total market capitalization of the BIST 100 index stood at 10.25 trillion liras ($241.98 billion), reflecting the substantial scale of Türkiye's equity marketplace and its importance to the regional economy.

Currency and Commodity Context

In parallel markets, the US dollar traded at 42.4485 Turkish liras, while the euro stood at 49.2190 and the British pound at 56.1520 as of 6:20 pm local time. In global commodities, gold prices reached $4,155.25 per ounce while Brent crude oil traded at $61.75 per barrel, providing important context for resource-sensitive equities within the Turkish market.