Fenerbahçe shares pleased investors with a 3.2% rise in the first quarter of the year. Meanwhile, Galatasaray shares experienced a 1.5% value loss during the same period. On the other hand, Beşiktaş shares saw a sharp decline. Fenerbahçe Football Inc., among the sports clubs traded on Borsa Istanbul, emerged as the sole sports company that completed the first quarter with a 3.2% increase in its shares, yielding gains for its investors. The selling pressure on sports companies observed in the stock market last year has continued this year as well. While Borsa Istanbul showed a fluctuating trend in the first quarter of the year, there was a dominant downward trend in the shares of sports companies. The financial situation of sports companies and their overall performance on the pitch generally failed to satisfy their fans, which had a guiding influence on their shares. As a result of these developments, the sports index calculated by Borsa Istanbul lost 4.5% in the January-March period. Fenerbahçe Football Inc., with shares rising by 3.2% in the first quarter, was the only sports company that brought gains to its investors during this period. BEŞİKTAŞ SHARES EXPERIENCE A SHARP DECLINE. Fenerbahçe, the frontrunner, continues its championship pursuit in the Super Lig. Effective transfers made by the club also contributed to the increase in the value of their shares. Meanwhile, the shares of league leader Galatasaray incurred a 1.5% loss for investors. Beşiktaş, distant from the top of the league, saw their shares depreciate by 28,1% during the same period. As for Trabzonspor Sportif Yatırım ve Futbol İşletmeciliğinin, their shares remained relatively flat in the first quarter of the year. GALATASARAY INVESTORS PROFIT IN MARCH. In the month of March, Galatasaray was the sports company that delivered the most gains to its investors with 7%. Following Galatasaray were Trabzonspor with 1%, and Fenerbahçe with 0.8%. However, Beşiktaş caused investors to lose 22.5% last month. Fenerbahçe, the sports club with the highest market value among the 4 publicly traded sports companies, completed March with a market value of 12 billion 95 million Turkish lira. Galatasaray followed with 10 billion 692 million lira, Trabzonspor with 7.5 billion lira, and Beşiktaş with 4 billion 56 million lira.