There was an outflow of $15mn from government domestic debt securities in the week to April 30 that came on top of a total $1.21bn outflow from debt instruments in the previous three weeks, data of the central bank showed on May 7. The market value of non-residents’ holdings of government debt securities was $41.74bn as of April 30, said the central bank.
The Turkish equity market, on the contrary, saw an inflow of $316mn in the week to April 30 after the bank reported a total of $491mn inflows in the prior two weeks. The central bank calculated the market value of foreign investors’ holdings of Turkish equities at $53.73bn as of April 30.
Last month, the Institute of International Finance (IIF) reported that portfolio flows to emerging markets picked up to $35bn in April, marking the strongest inflows since June 2014. Brazil, Indonesia and India were the top 3 performers this year while Turkey, Thailand and Hungary were the bottom three performers, said the IIF.
NON-RESIDENTS' HOLDINGS OF EQUITY AND GOVERNMENT DOMESTIC DEBT SECURITIES ($ mn) | ||||||||
(Market Value) | 30/04/15 | 24/04/15 | 17/04/15 | 10/04/15 | 03/04/15 | 27/03/15 | 20/03/15 | 13/03/15 |
STOCK | ||||||||
EQUITY | 53,727.9 | 52,769.9 | 51,136.0 | 53,081.9 | 52,945.9 | 52,035.4 | 49,839.8 | 49,807.2 |
GDDS (*) | 41,739.5 | 41,736.9 | 41,997.1 | 45,005.7 | 45,284.8 | 45,054.5 | 44,315.1 | 44,434.5 |
Repo | 9,169.3 | 9,432.1 | 10,023.2 | 10,433.7 | 10,756.5 | 10,617.2 | 10,316.8 | 10,344.1 |
NET TRANSACTONS (Adjusted for Foreign Exchange and Market Price Effects) | ||||||||
EQUITY | 316.0 | 293.7 | 196.9 | -112.2 | -106.9 | 201.3 | 102.7 | -539.0 |
GDDS (*) | -14.7 | -292.1 | -719.7 | -201.5 | 175.4 | 1,052.5 | -137.2 | -31.0 |
Repo | -282.4 | -604.9 | 86.1 | -304.0 | 133.8 | 354.3 | -11.7 | -71.8 |
source: tcmb |
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