Foreign Investors' June Portfolio Shift in Borsa Istanbul: THYAO Buys Surge, ASELS Sales Decline

Foreign investors exhibited selective selling patterns on Borsa Istanbul during June, with the highest net purchases recorded in Turkish Airlines (THYAO) shares and the largest net sales observed in Aselsan (ASELS) shares. These movements reflect evolving investor sentiment amid global and domestic market dynamics.

THYAO's Resilient Demand Among Global Investors

■Turkish Airlines attracted foreign capital through its low-cost operational model and international expansion strategies.

■The aviation sector's stability during crisis periods has sustained fresh liquidity inflows.

■THYAO strengthened its position not only in domestic indices but also in international portfolios.

ASELSAN's Divestment Pressures

■High net sales in Aselsan shares may correlate with instability in the defense industry or unexpected technological shifts.

■Volatility in defense stocks has directly influenced investor risk appetite.

■ASELS shares recorded a monthly decline of X.YZ%, with foreign capital outflows accelerating.

Market Dynamics and Investor Behavior

■Foreign preferences in local equities remain tied to core economic indicators such as interest rate policies and TRY exchange rate stability.

■Net buying concentrated in sectors like energy and aviation, which offer steadier returns, while capital exited higher-risk areas like technology and defense.

Rüzgar Ersoy Note: The strong foreign demand for THYAO underscores the aviation sector's ability to maintain performance even during turbulent times. ASELSAN's divestment highlights sensitivity toward defense-related equities. While these trends suggest a search for stability post-market swings, they should not be interpreted as definitive patterns. The critical question remains whether foreign capital will establish lasting positions in the local market.