There was a net outflow of $112mn from Turkish equities in the week to April 10, that came on top of a $107mn outflow in the previous week, the central bank of Turkey said on April 16. The central bank calculates the market value of non-residents’ holdings of Turkish equities at $53.1bn as of April 10.
The Central Bank also reported a net outflow of $202mn from government domestic debt securities in the week to April 10 that followed a $1.23bn worth of inflows in the previous two weeks. The market value of non-residents’ holdings of government debt securities stood at $45bn.
|NON-RESIDENTS' HOLDINGS OF EQUITY AND GOVERNMENT DOMESTIC DEBT SECURITIES ($ mn)|
|NET TRANSACTONS (Adjusted for Foreign Exchange and Market Price Effects)|
The cost of insuring exposure to Turkish debt grew to a one-month high on March 16 as anxieties about Turkey’s economic difficulties and the Afrin military showdown in Syria unsettled markets. ... more
Turkish bond prices fell on March 13 as a growing set of economic and political anxieties left investors fretting. To add ... more
Algerian national energy company Sonatrach has struck a deal with Turkey's Ronesans and Bayegan to build a petrochemical plant worth $1bn in Turkey, Turkish President Recep Tayyip Erdogan said on ... more