Foreign Investors Hit Two-Month High with $465 Million in Borsa Istanbul Purchases
Foreign investors' stock purchases on Borsa Istanbul reached their highest level in two months. Last week, foreign investors made net purchases of $465 million in equities, marking a significant inflow into the market. This figure indicates a rise in foreign investor interest in the stock exchange.
Experts attribute these purchases to the optimistic sentiment in global markets and increased risk appetite toward Turkey. It is noted that fund flows directed toward emerging markets are also influencing Borsa Istanbul. Banking and holding stocks stand out among the sectors where foreign investors have been buying.
The share of foreign investors in the stock exchange has been fluctuating recently. However, this week's $465 million in purchases signals a revival of foreign confidence in Turkish equities. Market participants are closely monitoring whether this trend will continue.
This is not investment advice.
📊 GOOGL — Piyasa Yorumu
■ neutral · 60%Although GOOGL shares have fallen 7.2% in the last 24 hours and the RSI at 31.5 is approaching oversold territory, the MACD remains negative and the stock is trading below its 20- and 50-day moving averages. While foreign investor buying in the headline is a positive signal for the broader market, it is not expected to have a direct short-term impact on GOOGL specifically. The weakness in technical indicators and the prevailing downtrend may limit any potential recovery. Therefore, the short-term direction remains uncertain.
RSI 14
31.6
MACD
-3.73
24h Δ
-7.23%
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