Foreign Investors Purchase Shares in Market News

Non-Residents Purchase $362.9 Million Worth of Shares in Turkey

In the week of April 5, non-residents made a significant impact on the Turkish stock market by purchasing a net total of $362.9 million worth of shares. This data, adjusted for market price and exchange rate movements, was recently released by the Central Bank of the Republic of Turkey (CBRT).

According to the CBRT data, the non-residents’ net purchases of GDDS (Outright Purchase) totaled $86.4 million during the same week. Additionally, non-residents made net GDBS (Reverse Repo) purchases amounting to $77.2 million, while there were no net GDBS (Collateral) or GDBS (Lending) transactions. The purchases of company debt securities reached a net amount of $37.5 million.

The market value of non-residents’ stocks in Turkey was reported to be $36.5 billion. This includes $2.5 billion in GDS (Outright Purchase) stocks, $1.8 billion in GDS (Reverse Repo) stocks, and $1.7 billion in GDS (Collateral) stocks. Company debt securities stocks accounted for $151.9 million of the total.

These numbers indicate a significant interest from foreign investors in the Turkish market and highlight the confidence they have in the country’s economy. It will be interesting to see how these investments affect the overall performance of the Turkish stock market in the coming weeks.

 

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