Borsa Istanbul (BIST) ended its four-month downward trend in November, with the BIST 100 index climbing by 8.9% to 9,652, emerging as the most profitable investment option in Türkiye.
In November, ISMEN, OYAKC, EKGYO, GUBRF, and BERA led the gains within the BIST 100, rising between 23.16% and 26.7%.
A combination of fading concerns over weak third-quarter earnings and recent positive economic indicators helped bolster investor sentiment, with expectations of a rate cut by the central bank serving as a key catalyst.
Top gainers in November 2024
Within the BIST 100 index, the following stocks saw the highest increases this month:
- ISMEN: 40.72 (+26.70%)
- OYAKC: 72.4 (+26.35%)
- EKGYO: 12.66 (+25.72%)
- GUBRF: 249 (+23.33%)
- BERA: 15.9 (+23.16%)
- ASTOR: 94.7 (+21.41%)
- YKBNK: 29.64 (+21.08%)
- RGYAS: 124.9 (+20.79%)
- AKBNK: 60.85 (+20.26%)
- ECILC: 47.62 (+19.83%)
Top losers in November 2024
On the other hand, these BIST 100 companies experienced the largest declines:
- REEDR: 14.78 (-33.12%)
- KARSN: 12.87 (-16.59%)
- ADEL: 35.16 (-14.12%)
- ULKER: 112.1 (-10.75%)
- ALTNY: 91.1 (-7.04%)
- BRSAN: 452.75 (-6.79%)
- ALFAS: 50.45 (-6.49%)
- PGSUS: 217.8 (-5.96%)
- BJKAS: 4.56 (-5.79%)
- KLSER: 33.86 (-5.47%)
