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With the election uncertainty gone, the markets have focused on the new economic management and the policies to be followed. Foreign investors who left the country after the AKP’s policies are also observing the change.
‘Orthodox’ expectations have also increased with the arrival of Mehmet Şimşek, a name well known by the markets, to the economy seat of the country and Hafize Gaye Erkan to the Central Bank seat. This situation has also caused foreigners to buy Turkish shares.
According to the Central Bank data, foreign investors bought $ 262 million worth of stocks in the week of June 9. According to Bloomberg data, the last time foreigners made an entry of this size was in the first week of November.
