Financial Markets Performance Report for the Week Ending June 12, 2026

Borsa Istanbul: General Index Leads Weekly Trading

In the week ending June 12, 2026, the Turkish capital market witnessed a continuation of the upward trend. The Borsa Istanbul General Index (BIST 100), which had limited fluctuations at the beginning of the week, finally ended its work by recording a return of 1.78%. This index fluctuated during the week between a minimum of 13,567.35 points and a maximum of 14,125.84 points, finally closing at the level of 13,938.48 points [1]. This growth occurred while analysts believe that new monetary policies and corporate financial reports have strengthened investor confidence in the stock market.

Gold Market: Prices Retreat Amid Global Volatility

Unlike the stock market, gold went through a difficult week and was recognized as one of the main losers of this week. The price of one gram of 24-carat gold in the Istanbul Grand Bazaar decreased by 3.66% to 6,232 Lira [1]. This downward trend was also evident in other gold products; the price of the Cumhuriyet gold coin dropped by 3.64% to 42,006 Lira, and the price of the quarter gold coin decreased to 10,439 Lira [1]. Comparing these figures with last week shows that gold has lost part of its gains from the previous month [3].

Currency Fluctuations and Investment Fund Performance

In the foreign exchange market, both the US Dollar and the Euro faced a slight and similar growth of 0.39%. At the end of the weekly trading, the Dollar reached a price of 46.2650 Lira and the Euro reached 53.5740 Lira [1]. This relative stability in the currency market helped control severe fluctuations in other sectors. However, investment funds did not have a successful week. According to published reports, the value of investment funds decreased by an average of 1.13% and pension funds by 1.20%. Meanwhile, only "money market funds" were able to show acceptable performance with a positive return of 0.77% [1].

Global Events: From SpaceX IPO to Political Tensions

One of the most important international financial events of this week was the Initial Public Offering (IPO) of SpaceX on Friday, June 12, 2026. The entry of this space giant into the stock market was met with unprecedented welcome, and its trading volume was so high that it caused technical disruptions on famous trading platforms such as Robinhood [2]. Despite the public welcome, some analysts like Keith Snyder from the CFRA institute warned about the high valuation of this company by setting a target price of $115 [2]. Meanwhile, statements by Turkish economic officials regarding the continuation of the disinflation process have painted a positive atmosphere for domestic markets in the coming weeks [1].