NEWS

In the first six months in Turkey investment of six billion dollar entered

Since the beginning of 2017, with unabated speed the share of foreign-invested shares and government bond sales, number that have reached is close to $ 6 billion.

 

Foreign investments that carry the BIST of 100 index over 100 000 levels have continued to increase since January.

1.4 BILLION DOLLAR INVESTMENT INPUTS IN JUNE

Zeynep Aktaş from Milliyet received in the article she wrote, she is explaining that the Turkish economy had risen in the first 6 months of 2017 and that this amounted of $ 6 billion is from foreign investment. Here is the letter in the article:

The foreign investors are speeding up in Turkey. Since the beginning of the year, the amount of investment that has continued to increase has approached to $ 6 billion. Foreigners, who have added $ 2.2 billion in stock to their portfolio since January 1, received $ 3.5 billion in the Domestic Borrowing Sense (GDBS).

 

POWERFUL PURCHASES HAVE RELIEVED THE MARKET

These strong purchases relieved the market. The BIST 100 index tests the 100-thousand levels, while the dollar rate is at 3.49. The interest rate is 11.10 percent. The increase in foreign portfolio inflows also helped to reduce volatility in exchange rates. In the dollar currency hot money entrance in front of the big waves in the dollar currency, brings calmness for both sides.


HOT MONEY INPUTS ARE CALMING THE DOLLAR

The increase in foreign portfolio inflows also helped to reduce volatility in exchange rates. Hot money in front of the big waves in the dollar currency, brings calmness for both sides.

 

IN JUNE’S FIRST 15 DAYS 1 BILLION DOLLAR INPUTS ARE ACHIEVED

Acceleration of purchases of foreigners increased during the month while in June. In the first half of June, 252 million dollars of foreigners' stocks in stocks of foreigners in Turkey and a net inflow of 826 million dollars in GBDS portfolio were provided.

In the third week of June, foreign investors pure $ 1.1 billion. In total, $ 1.4 billion were registered in the first three weeks of June. The share of foreign investors in the total GBDS portfolio is 20.3 percent.

HOT MONEY INPUTS WILL CONTINUE

Currently there are money entering the developing countries and it is expected that this money inflow will continue in the short term. Apart from all these, the share of foreigners in the stock exchange is increasing. It is observed that the share of foreigners in the total of 64.99 percent of the last week is now 65.14 percent.