Foreign share in İMKB increases to 46 pct
Posted by meb at March 19th, 2007
During the past two months foreign investors made purchases and sale transactions worth $19.2 billion on the Istanbul Stock Exchange (İMKB) and concluded the mentioned trade at $2.1 billion net purchases, accounting for a total of 46 percent of IMKB transactions.According to the İMKB’s records, a total of $41.8 billion in transactions were realized during the January and February period. Foreigners realized $10.7 billion of purchases, $8.5 billion in sales and net purchases of $2.1 billion. Foreign investor’s share on the İMKB in 2002 was 18.2 percent, 17.3 percent in 2003, in 2004 25.3 percent, in 2005 40.2 percent and in 2006 38.5 percent. Foreign investors’ purchases in the month of January were $5.8 billion, which fell in February by $964.5 million to decrease to $4.8 billion. Foreigners’ sale on the stock shares during the mentioned period rose by $928.1 million to increase form $3.8 billion to $4.7 billion. So the total net purchases by foreigners in January of $2.1 billion fell by $146.7 million to $1.8 billion in February.
source: Today’s Zaman
Related posts:
