BIST 100 rises 1.2% as holding and chemical sectors lead Turkish market rally

Turkish equities joined the global uptrend, with the BIST 100 index closing higher on strong buying in industrials and chemicals, offsetting weakness in the banking sector.

By Handelsavisen Newsroom · Automated 2026-07-16 17:55 UTC · 1 min read

The BIST 100 index closed the session up 1.22%, finishing at 14,251.29 points, as Turkish equities participated in a broader global risk-on sentiment.

The benchmark index added 171.32 points, supported by a total trading volume of 185.7 billion Turkish lira, indicating robust liquidity in the market.

37%, while the chemicals, petroleum, and plastics sector led all groups with a 3.

Sector performance was sharply divergent.

The holding index surged 2.37%, while the chemicals, petroleum, and plastics sector led all groups with a 3.90% gain.

In contrast, the banking index declined 0.15%, and the financial services sector suffered a significant 8.97% drop, dragging down broader financial sentiment.

The rally in Istanbul aligns with positive moves across other major markets.