$1.3 billion invested on Turkey’s stock exchange
ISTANBUL - Anadolu AgencyForeign investors injected more than $1.3 billion into Turkey’s stock exchange between February and April, according to figures released by Borsa Istanbul.
Turkey’s most important stock exchange market saw its index increase by 19.4 percent while capital inflows reached $443 billion over three months.
The banking sector index, a sub-section of Borsa Istanbul which sees heavy foreign investment, outpaced the main index with a 27.8 percent increase.
Due to ongoing geo-political risks as well as domestic political turmoil, foreign investors started 2014 cautiously, with sales only reaching $500 million in January.