Investor Interest in the Stock Market Continues

Investor interest in the stock market continues. The first data for 2021 showed that the influx of investors to the stock market continued.

Investor interest in the stock market continues in Turkey. The tightening cycle, which accelerated in the last period of 2020, caused deposit rates to move upwards. However, investors' interest in the stock market did not slow down. According to the data announced by the Central Securities Depository on January 2021, the number of new domestic investors increased by 179,307 people in January, reaching 2 million 156 thousand. Compared to the number of new investors in December, this increase was approximately 9 percent. When the last 12-month period was examined, the fastest increase in the number of new investors was recorded in January. Another factor affecting the increase in the number of investors was public offerings. The monthly increase in foreign investors was calculated as 358 people. The weight of new domestic investors in the BIST 100 index increased by 5.9 percent compared to December 2020, while the gain in the BIST 30 index was 2.4 percent. Looking at the size of the portfolio; It was seen that there were investors between 2-100 TL at most. While there were 408 thousand investors in this group, the group with 332 thousand investors that is between 101 - 1.000 TL took the second place. According to the data shared by the Central Securities Depository, the number of domestic investors increased by approximately 600 thousand people in 2020 and reached around 2 million. According to market analysts, factors such as the low number of investors relative to global peers, attractive pricing and new public offerings supported the investors' interest in the stock market.