According to Borsa Istanbul data, foreign investors’ transactions in May amounted to a net outflow of 36 million dollars. While purchases continue in some large stocks, he has bought 5 shares in all months since the beginning of the year. These are the shares of Kardemir, Anadolu Hayat, Nurol GYO, Bursa Cement and Atlantis Investment Holding. The foreigner has 20 shares that he has sold continuously for 5 months. Chief among these are Aselsan, Koza Altın, Aygaz, Bim and SASA.
According to the data, foreign investors made purchases of 12 billion 30 million dollars and sales of 12 billion 66 million dollars in Borsa Istanbul in May. Thus, foreign investors made a net sale of 35 billion 969 million dollars in May. The total transaction volume of foreign investors in May was 24 billion 96 billion dollars. Foreign investors made net sales of approximately 1 billion 881 million dollars in the January-May 2021 period. In the first five months of the year, foreign investors bought 119 billion 522 million dollars of stocks, while in the same period, they sold 121 billion 402 million dollars of stock.
In the first five months of the year, foreign investors, except for April, the purchase of foreigners, who were in sales positions, in April was at the level of 80 million dollars. Garanti Bank, Şişecam, Turkcell, Kardemir and Akbank were the top five stocks that foreign investors bought the most in May. The top five stocks that foreign investors sold the most were Tüpraş, Yapı Kredi, Arçelik, Turkish Airlines and Bim.
The highest purchase was in Kardemir
While the BIST-100 index gained 1.62% in TL terms in May, it lost 0.99% in dollar terms. The share of foreign investors in the stock market in May was between 41.84 and 42.85 percent.
The graphs prepared by Yunus Kaya, Alnus Investment Research Manager, were 5 shares bought by foreign investors in 5 of the 5 months of this year. Foreigners made a net purchase of 65.5 million dollars in Kardemir, 12.6 million dollars in Anadolu Hayat Emeklilik, 3.4 million dollars in Bursa Cement, 775 thousand dollars in Nurol GYO and 20.2 million dollars in Atlantis Investment Holding in 5 months.
Again, according to the tables prepared by Kaya, 14 shares stand out, which foreigners have been selling for 4 months, but became net buyers for the first time in May. According to the amount, Migros stood out with 13 million dollars, Türk Telekom 6.5 million dollars and Enerjisa 5 million dollars in May purchases.
However, in some stocks, foreign investors have been in constant seller position for 5 months. Chief among these is Bim with net sales of $164.8 million. İşbank is in second place with sales of 149.7 million dollars, and Aselsan is in third place with sales of 113.8 million dollars. The shares that the foreigner has been selling continuously for 5 months are predominantly traded on Yıldız Market. Net sales transactions were realized for 82.2 million dollars in Koza Gold, 67.6 million dollars in SASA, 23.7 million dollars in Alkim and 23.4 million dollars in Aygaz.
Buy signal in June
June and the new week started more positively. According to Kaya’s assessment, strong purchases from banks continued in the stock market. Foreigners’ purchases of Garanti Bank exceeded 164 million dollars in April, 48 million dollars in May, Akbank over 9 million dollars in April, 30 million dollars in May, Vakıfbank over 4 million dollars in April and 5 million dollars in May.
Kaya stated that there was a signal that this trend continued in June as well. The share of foreigners in Borsa Istanbul increased to 42.37 percent.
Kaya stated that foreigners returned after the intense outflow in March, and that this continued in June as well, and stated that “Helikon Invest, Garanti and Sabancı Holding exceeded 5 percent. Apart from that, there was a fund making heavy purchases in Ereğli. I guess that the foreigner came because he thought the market was cheap, although his share in MSCI indexes decreased. It can be positive for the stock market,” he said.
Source: Dünya Gazetesi by www.dunya.com.
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