Despite sharp drop in the stock market in September, foreign investors made purchases
During the period of the fund crisis in the markets, while the index lost value, foreign capital reached its highest net purchase figure in the last five months.
While the stock market experienced its sharpest monthly drop in the last 18 years due to the impact of the fund crisis, foreign investors made a striking move by making 356.2 million dollars in net purchases in September.
Sharp Drop in the Stock Market
The stock market index declined by 16.6 percent under the influence of the fund crisis experienced in September, recording its sharpest monthly drop in the last 18 years.
Purchases by Foreign Investors
Despite this general downward trend in the market, foreign investors made net purchases amounting to 356.2 million dollars in September, reaching the highest level of the last five months.
Most Preferred Stocks
Among the stocks in which foreign investors made the highest net purchases in September were Ereğli with 189.1 million dollars, Turkish Airlines (THY) with 156.8 million dollars, and Koç Holding with 104.2 million dollars.
Change in Investor Numbers
In September, the number of local investors decreased by 105,147 people down to 6 million 659 thousand, while the number of foreign investors increased by 128 people up to 33,401 people.