Borsa Istanbul becomes highest rising market in world
With foreign investors who believe in the future of Turkey taking great interest in the Borsa Istanbul Stock Exchange, it has gained a leading position in the yield league in 2017 and the past year.
Having grown well above expectations, 5 percent in the first quarter of the year and continuing its performance in the second quarter as well, Turkey has come to the forefront with increasing interest by foreign investors in markets and forced international institutions to revise forecasts that they set at the beginning of the year.
After the Constitutional amendment referendum of April 16, which aimed to make political stability permanent, Borsa Istanbul accelerated its rise, becoming the top rising market in the world since the beginning of the year and its lowest level and over the last year.
The stock market, which broke a historical record by rising above 107,000 points, ranked first in yield ranking with a 36.7 percent rise in 2017, a 49.2 percent rise over the past year and a 40.32 percent rise since its lowest level.
Named world champion in three categories, Borsa Istanbul has ranked third for the past 6 months, the past 3 months and the past week. The stock exchange is also named the world's second rising market with a 7.5 percent boom in the last month.
Thanks to measures taken by the government, Turkey has strengthened its growth performance and reduced inflation to 10.9 percent in June from 11.87 percent in April. Also, inflation is expected to further drop and fall to single digit figures in July.
source: Daily Sabah
25.07.2017
Having grown well above expectations, 5 percent in the first quarter of the year and continuing its performance in the second quarter as well, Turkey has come to the forefront with increasing interest by foreign investors in markets and forced international institutions to revise forecasts that they set at the beginning of the year.
After the Constitutional amendment referendum of April 16, which aimed to make political stability permanent, Borsa Istanbul accelerated its rise, becoming the top rising market in the world since the beginning of the year and its lowest level and over the last year.
The stock market, which broke a historical record by rising above 107,000 points, ranked first in yield ranking with a 36.7 percent rise in 2017, a 49.2 percent rise over the past year and a 40.32 percent rise since its lowest level.
Named world champion in three categories, Borsa Istanbul has ranked third for the past 6 months, the past 3 months and the past week. The stock exchange is also named the world's second rising market with a 7.5 percent boom in the last month.
Thanks to measures taken by the government, Turkey has strengthened its growth performance and reduced inflation to 10.9 percent in June from 11.87 percent in April. Also, inflation is expected to further drop and fall to single digit figures in July.
source: Daily Sabah
25.07.2017
