Foreign Shares on Sale
Foreign investors, who have been experiencing a turbulent journey in the stock market, have initiated the selling of both stocks and bonds during the week of December 6.
Net Sales by Foreign Residents
According to data provided by the Central Bank of the Republic of Turkey (CBRT), individuals residing abroad have sold a net total of $157.6 million in shares during the specified week, excluding market price and exchange rate fluctuations.
Previous Week's Activity
In contrast to the recent selling trend, foreign investors had bought shares amounting to $280 million in the previous week, marking a shift in their investment strategy.
Analysis of Different Transactions
During the same period, net sales of DİBS (Outright Purchase) reached $102.3 million, while foreign residents' net DİBS Reverse Repo purchases were recorded at $73.4 million. Moreover, net DİBS Collateral sales stood at $347.8 million, with no DİBS (Lending) transactions taking place. Additionally, purchases of corporate debt securities amounted to $32.0 million.
Market Value Overview
The total market value of stocks owned by individuals residing abroad summed up to $35.9395 billion. Specifically, DİBS (Outright Purchase) stocks accounted for $17.7475 billion, DİBS (Reverse Repo) stocks for $1.9024 billion, and DİBS (Collateral) stocks for $7.7192 billion.
Sector Issuances and Concluding Remarks
Further data reveals that sector issuances, excluding general management, reached $424.7 million, indicating a diverse range of investment activities in the market.
