Foreign Investors Shake Markets with $37.5 Million Share Purchases in the Week of July 17

During the week of July 17, global investors moved $37.5 million into Turkish equities, setting a short‑term direction for the BIST 100.

Buying Breeze: $37.5 Million in July 17

This week, Turkey’s largest exchange, BIST 100, witnessed foreign investors’ $37.5 million purchase power, boosting liquidity by 15%.

Strategic Move by Foreign Capital

■Total Purchase: $37,500,000

■Short‑Term Position: 70%

■Long‑Term Target: 30%

■Primary Sectors: Finance, energy, technology

Company Appeal: Sector and Valuation

■Akbank: $3,200 per share, P/E 12.3

■Turkcell: $4,500 per share, P/E 18.7

■BİM: $1,800 per share, P/E 9.4

These firms attracted investors with low valuations and strong cash flows.

Technical Signals: Trend and Price Action

■BIST 100: Break above 38,200 level

■SMA 20: Rising to 38,500

■MACD: Positive crossover, bullish signal

■RSI: 60, near over‑bought zone

Liquidity and Short‑Term Effects

■Daily Volume: $1.2 billion

■Spread: Narrowed to 0.15%

■Volatility: Decreased to 12.5%

Markets are experiencing a short‑term upward momentum due to these foreign inflows. However, technical indicators and sector distribution hint at potential corrections ahead.