BIST 100 Leads Weekly Gains, Gold and FX Show Modest Rises

Turkey’s BIST 100 emerged as the week’s top‑performing market, lighting a beacon for investors.

Istanbul’s New Records: BIST 100’s Turbulent Summit

The index oscillated between a low of 13,562.45 points and a high of 14,249.99 points, closing the week up %2.85 at 14,172.26 points.

Golden Surge: Dual Boost in Spot Gold Prices

In the Kapalıçarşı, the 24‑karat gold bar’s gram price rose %1.40 to 6,757 TRY, while the Republic gold increased %1.27 to 44,087 TRY. The quarter‑ounce gold rose %1.22 to 11,069 TRY.

FX Ripples: Modest Gains for the Dollar and Euro

The U.S. dollar appreciated %0.37 to 47.8810 TRY, and the euro climbed %0.57 to 55.4880 TRY.

Fund Momentum: Precious‑Metals Funds Lead the Pack

Investment funds posted a weekly gain of %0.81, and pension funds rose %1.28. The standout performer was the Precious‑Metals Fund, delivering a %3.41 return.

■BIST 100 weekly %2.85 gain

■Gold gram price %1.40 rise to 6,757 TRY

■USD/TRY %0.37 rise to 47.8810 TRY

■EUR/TRY %0.57 rise to 55.4880 TRY

■Investment funds average %0.81; Pension funds %1.28

Kerem Tufan: The weekly BIST 100 performance signals a renewed risk appetite among domestic investors. The modest upticks in gold and FX suggest price stability aligned with inflation expectations. Yet, the prominence of Precious‑Metals Funds underscores a protective tilt in portfolio allocation as market participants hedge against external volatility. From a credit perspective, this liquidity-friendly environment could ease pressure on SME loan demand, but the central bank should remain cautious before relaxing macro‑prudential safeguards.