Foreign share in the stock market is below 50% after 16 years!

While the weight of domestic investors in Borsa Istanbul is gradually increasing, the exit of foreign investors continues. The share of foreigners in Borsa Istanbul returned to the level of May 18, 2004, with 49.82 percent. Domestic investors became the new rulers of the stock market with a share of 50.17 percent. The record, which was broken the previous day at Borsa Istanbul with a transaction volume of 47.4 billion liras and a transaction amount of 11.6 billion, was achieved by domestic investors. Borsa Istanbul also exceeded the 120 thousand level and approached its historical highest levels seen on January 21. Meanwhile, the removal of two zeros from Borsa Istanbul indices will take place on July 27.

The exit of foreign investors from Turkish capital markets continues. Having sold 40 billion lira in Treasury bonds in the first 5 months of the year, the share of foreigners in the domestic debt stock dropped to its lowest level ever, at 4.3 percent by the end of May. The same cycle occurs in Borsa Istanbul. Foreign investors, who made sales of 4.2 billion dollars in the first 5 months, made purchases of only 78.6 million dollars in June. Foreign investors’ sales chart continued in July, and the share of foreign investors has now dropped below 50 percent. On January 23, foreigners’ share in the stock market was 65.79 percent. The highest share of foreigners was in November 2007, at 72.3 percent.

Domestic investors also stand out in the exchange values, which show the market value of the shares in the exchanges of domestic and foreign investors. According to Borsa Istanbul data, the exchange value of foreign investors was 267 billion 359 million liras, while the exchange value of domestic investors increased to 269 billion 226 million liras.

Foreign investors have traditionally had a share of 60 percent in the stock market for years, and domestic investors have come to the fore in transaction volume. Analysts interpreted this situation as short-term daily and weekly trading by local investors, while foreign investors stated that they had a longer-term view. Currently, according to analysts, domestic investors still continue to act short-term.

And of course, local investors continue to come to Borsa Istanbul. Although it slowed down in June, 51 thousand 496 new investors entered the stock market. Turkish Statistical Institute data also shows that Borsa Istanbul BIST 100 index gave the highest real return in June. According to TURKSTAT’s Real Return Rates of Financial Investment Instruments bulletin, the highest monthly real return is BIST with 9.90 percent when reduced by the domestic producer price index (D-PPI) and 9.42 percent when reduced by the consumer price index (CPI). It took place at the 100 index.

Source: https://www.dunya.com/finans/haberler/borsada-yabanci-payi-16-yil-sonra-50nin-altinda-haberi-474727

karaaslannarin

Announcements
06/12/2023
06/12/2023
06/12/2023
06/12/2023
06/12/2023
06/12/2023
06/12/2023
06/12/2023
06/12/2023
06/12/2023
06/12/2023
06/12/2023