(MENAFN) Türkiye’s main equities gauge advanced at the opening bell on Monday, with the BIST 100 starting the session at 10,634.04, marking a 0.65% rise — a gain of 68.3 points. The early uptick signaled renewed risk appetite after a choppy end to last week’s trading.

The index had slipped 0.59% on Friday to close at 10,565.74, posting a daily turnover of 104 billion liras (approximately $2.46 billion). Market analysts noted that the decline came amid cautious sentiment ahead of fresh economic data releases, while Monday’s bounce suggested investors were stepping back into local equities.

By 10:05 a.m. local time (0705GMT), currency markets were relatively stable. The Turkish lira traded at 42.3375 against the U.S. dollar, 48.1795 versus the euro and 55.7295 to the British pound, reflecting continued pressure but limited early-session volatility.

In commodities, gold remained elevated, with an ounce priced at $4,067.60, underscoring persistent global demand for safe-haven assets. Brent crude oil hovered around $63.4 per barrel, extending its recent downward drift as concerns over supply and slowing demand weighed on energy markets.

Overall, the positive opening in İstanbul suggested traders were attempting to capitalize on discounted valuations, even as global uncertainty continued to shape regional financial movements.

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