Foreign investors buy back in Borsa Istanbul

Turkey's exchange attracts over half a billion dollars worth of foreign investment in March, reversing a selling trend early this year

Turkey's exchange attracts over half a billion dollars worth of foreign investment in March, reversing a selling trend early this year

ISTANBUL - Foreign investors made net purchases worth 680 million US dollars in March in Turkey’s sole exchange entity, Borsa Istanbul, according to the data it published on Sunday.

The data shows that two months’ worth of net foreign purchases in February-March this year almost made up for the total sales amount in 2013.

In January, foreign investors sold securities worth a net value of 497 million dollars, but bought some back to the tune of 205 million dollars in February, according to the figures.

It brings the net amount of purchases in the first quarter of 2014 to 338 million dollars, the data indicates.

Copyright © 2014 Anadolu Agency