Foreign Investors are Selling and Fleeing!

Foreign investors are fleeing. Foreign investors, who have made outflows of 5.7 billion dollars from Turkish stocks and bonds in the last two years, reached 3.5 billion dollars in net sales in 2022 as of October 7. The share of foreigners in bonds fell to 0.83 percent, while their share in stock markets fell to a historic low of 31.67 percent.

The share of foreign investors in Turkey's stocks and government bonds, which have been making continuous outflows in recent years, has fallen to a historic low. The share of foreign investors in equities dropped to 31.67 percent and in bonds to just 0.83 percent. According to Şebnem Turhan, Borsa Istanbul, which stands as the only option for domestic investors seeking returns due to high inflation, continued to experience very sharp and rapid rises and falls in the absence of foreigners yesterday. According to the information obtained yesterday in the stock market, which analysts characterized as a shallow market, the fact that a foreign bank gave purchase orders even in a low amount with the effect of strong expected balance sheet reports led to an increase of up to 10 percent in banking stocks during the day. There was also an increase of up to 5 percent in the BIST100 index. Foreign investors have been continuously exiting Turkish financial investment instruments for the last 5 years. As of October 7, 2022, foreign investors, who reduced their stock portfolios by 4.25 billion dollars in 2020 and 1.43 billion dollars in 2021, exited the stock market for another 3.48 billion dollars this year. When approximately 3.5 billion dollars of sales are added to the 5.7 billion dollars of outflows made in the last two years, the sale of foreign investors in stocks has exceeded 9.2 billion dollars since 2020. As of October 7, foreign investors' outflow from stocks in the last 1 year reached 3.54 billion dollars. The share of foreign investors in the shares of foreign investors, which reached the highest 66 percent in 2020, decreased to 50 percent in the average of the year, while this rate decreased to 40 percent in 2021. This year, it continued its uninterrupted decline and fell to 31.67 percent. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!