BIST 100 Slips: Tech and Industry Losses, Gold and Bond Yields Rise

The Istanbul Stock Exchange’s BIST 100 index closed at 13,779.39, with technology stocks dropping 0.95 % to dominate the day’s narrative.

A Technological Slide That Shakes the Market

■BIST 30 ended at 15,595.83, down 0.38 %.

■The technology index fell 0.95 % from its peak of 13,956.18.

■Several top tech shares slipped more than 5 %.

Mixed Signals from Industry and Services

■The industrial index rose 0.28 % to start at 13,827.14, while the services index gained 0.30 %.

■Giants like Ereğli Demir & Çelik and Tüpraş helped cushion the decline of 42 out of 54 leading stocks.

■ASELSAN and Turkish Airlines attracted significant trading volume.

Gold and Bonds Heat Up

■The spot gold price stood at $4,352 per ounce, while the BIST Gold Market kilogram price climbed 2.7 % to 6,000,673 TRY.

■The March 15, 2028 Treasury delivered a simple yield of 37.98 % and a compounded yield of 41.59 %.

■The CBRT’s effective rate was 47.4896 TRY (buy) / 47.6799 TRY (sell), slightly higher than the previous day’s 47.4723/47.6625.

Forex and Energy Ripples

■EUR/USD traded at 1.1558, GBP/USD at 1.3490, and USD/JPY at 157.8.

■October Crude Brent closed at $83.4, up 1.1 %.

Markets are balancing the sharp tech slide with rising gold and bond yields. While this reflects a risk‑off sentiment, ongoing macro‑economic uncertainty keeps volatility alive, especially within the industrial and services sectors.