Bourse foreign inflow: $3.9 bln

ISTANBUL - Reuters

Thanks to the Central Bank’s policies and the current interest rate, an inflow of $3.9 billion in foreign investment reached the Istanbul Stock Exchange (İMKB) in the first nine months of 2012 and Turkey’s Investor Relations Association (TÜYİD) President Funda Güngör expects the positive trend to continue.

According to TÜYİD and official reports, 33 percent of sales on the Istanbul Stock Exchange were to American-based investment funds, while 22 percent were to UK-based investment funds. The İMKB which climbed for ten day in a row until yesterday is traveling at around 70,000 points, very close to its historic high.