Foreign Residents Offload Stocks

Foreign investors executed a net sale of $169.2 million in equities, adjusted for market price and exchange rate movements, during the week of December 20. According to the data announced by the Central Bank of the Republic of Turkey (CBRT), net purchases of government bonds (Treasury Bills) amounted to $336.8 million during the same week. Foreign investors recorded net sales of government bonds (Reverse Repo) at $126.4 million, and net sales of government bonds (Collateral) reached $719.2 million. There were no transactions involving government bonds (Lending), while net sales of corporate bonds stood at $24.7 million.

• Stocks.. The market value of equity stocks held by foreign investors was reported at $33 billion 212.9 million. The stock of government bonds (Treasury Bills) amounted to $17 billion 557.5 million, while the stock of government bonds (Reverse Repo) was $1 billion 786.9 million, and the stock of government bonds (Collateral) reached $7 billion 285.6 million. Exports from sectors outside of general administration were reported at $394.8 million.