Foreigner’s share in Borsa Istanbul
Despite a record on the stock exchange, foreigner’s share in Borsa Istanbul fell to 31.5%, hitting an all-time low, according to daily DUNYA. Moreover, their share in banking stocks considerably decreased.
![Foreigner’s share in Borsa Istanbul](https://static.wixstatic.com/media/33120f_49b452ca4e16408f80649d6f8cb77213~mv2.jpg/v1/fill/w_631,h_355,al_c,q_80,usm_0.66_1.00_0.01,enc_auto/Image-empty-state.jpg)
Despite a record on the stock exchange, foreigner’s share in Borsa Istanbul fell to 31.5%, hitting an all-time low, according to daily DUNYA. Moreover, their share in banking stocks considerably decreased. Non-residents’ share in Halkbank has fallen from 36.64% to 1.62% while their share in Vakifbank has dropped from 68.65% to 3.18% as of October 24, as compared to December 31, 2019. Foreign investors’ shares in private banks also declined in this period. Although the BIST Banking Index has increased by nearly 150% on a TRY basis over the past three years, it has lost 22% in USD terms.