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Notable Gains in Today’s Stock Market at Borsa Istanbul

Borsa Istanbul experienced significant positive momentum today, with the BIST 100 index displaying a bullish outlook throughout the trading session.

Commencing the day on a positive note, the BIST 100 sustained its upward trajectory, concluding the day with an impressive surge of over 1.5%, reaching the 7,500-point threshold.

The recovery in the BIST 100 was marked by notable gains in the factoring, communication, and trade sectors, which collectively reclaimed half of the losses from the previous day. Conversely, the mineral, construction, and SME (small and medium-sized enterprises) sectors showed a negative trend as the market approached closing.

Among the most notable performers in the BIST 100 towards the end of the day were BIOEN, VAKBN, PETKM, TTKOM, and PENTA, all experiencing substantial gains.

Top 5 Gainers in the BIST 100:

  1. BIOEN
  2. VAKBN
  3. PETKM
  4. TTKOM
  5. PENTA

Conversely, the BIST 100 witnessed some declines, with QUAGR, KONTR, TATEN, SMRTG, and ALFAS being the top five losers.

Top 5 Losers in the BIST 100:

  1. QUAGR
  2. KONTR
  3. TATEN
  4. SMRTG
  5. ALFAS

As the trading day neared its end, 10 stocks across Borsa Istanbul reached their maximum allowable trading price. On the flip side, the most significant decliners included QUAGR, accompanied by BAYRK, which retreated to its floor price.

In summary, Borsa Istanbul showcased a resilient market performance today, characterized by robust gains in specific sectors, reflecting a positive sentiment among investors.

source: tr.investing.com / prepared by Melisa Beğiç

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