BIST 100 Climbs on Tech Surge; Gold and Currency Volatility Persists

BIST 100 closed at 13,943.87, down 0.95 % as technology stocks surged 1.48 % while currencies and gold prices swung.

Tech Stocks Drive Momentum

■BIST 100 fell 0.95 % to 13,943.87.

■The Technology index rose 1.48 %, marking the strongest sector performance.

■BIST 30 ended 1.04 % lower at 15,861.80.

Currency and Gold Fluctuations

■The effective dollar rate was set at 47.1317 TRY (bid) / 47.3206 TRY (ask).

■Euro/dollar 1.1388, pound/dollar 1.3343, dollar/yen 163.7.

■Gold priced at $4,000 $72 per ounce; kilogram price dropped 0.4 % to 6,000,160,999 ₺.

Stock Movements

■ASELSAN, Türk Altın İşletmeleri, Sasa Polyester, Katılımevim Tasarruf Finansman, and Yapı ve Kredi Bankası were the most traded.

■Out of the BIST 100 constituents, 34 stocks gained while 64 fell.

Energy and Commodity Outlook

■London e‑September Brent futures fell 4.3 % to $96.6.

Investor Takeaways

■The tech rally signals fresh growth prospects for value‑oriented portfolios.

■Currency steadiness and a mild dip in gold prices underscore the need for balanced risk management.

■Falling energy prices could ease cost pressures for industrial sectors.

Aylin Güneş: The uptick in BIST’s technology segment offers a new growth avenue for long‑term value investors, yet currency and commodity volatility highlights the importance of portfolio diversification. Focusing on high‑dividend, sustainably growing companies can help mitigate risk.