“During the week of March 10-17, 2023, non-resident foreign investors conducted a real (adjusted for price and exchange rate) sale of $210.8 million in stocks, a sale of $26 million in Treasury Bills (DIBS-Definite Purchase), and a purchase of $10.3 million in private sector bonds.
Between March 10-17, BIST100 Index lost 4.61%. The benchmark two-year bond yield increased by 104 basis points.
Since the beginning of the year, non-resident foreigners sold a total of $752.6 million in stocks, bought $32.1 million in DIBS, and sold $0.9 million in private sector bonds. Thus, non-resident foreigners made a total of $721.4 million in securities sales in 2023.
During the last year, non-resident foreigners made a total of $3,466.5 million in stock sales, $1,172.1 million in DIBS sales, and $23.4 million in private sector bond sales, resulting in a total foreign outflow of $4,662 million from the securities market.
As of March 17, 2023, the share of foreigners in the stock market was 28.9%, while the previous week it was at 29%. At the end of 2022, the foreign share was 29.6%, and a year ago it was 37.5%.”