Foreign investor remains committed: Istanbul bourse

Foreign investor remains committed: Istanbul bourse

ANKARA
Foreign investor remains committed: Istanbul bourse

AP photo

There has been no reduction in foreign investment on Turkey’s main stock exchange since the July 15 coup attempt, the president of Borsa Istanbul has said.      

“We have not detected a significant decrease or risk perception in the preference of foreign investors after the July 15 coup attempt,” Hikmet Karadağ told Anadolu Agency’s Finance Desk on Aug. 1.      

More than 60 percent of the shares listed on Borsa Istanbul belong to foreigners, he added.    
 
Karadağ said Turkey’s banks and reserves were “very solid” and capable of a quick recovery from disruption. 

On the night of the coup attempt, which resulted in more than 230 deaths, pro-coup forces tried to occupy the stock exchange building in Istanbul but were resisted by police and security guards.