Equity assets of domestic investors reached 650 billion

The Turkish Capital Markets Association (TSPB) has announced the financial market summary data for March 2022. According to the financial market summary data compiled by TSPB from the sources of Central Bank of the Republic of Turkey (CBRT ) and the Central Registration Agency (MKK), the financial assets of domestic residents (domestic investors) increased by 18.6% in the first three months of the year, reaching 9.2 trillion liras. During the same period, the financial assets of non-residents (foreign investors) increased by 8.5% and reached 741 billion lire.

LOCAL INVESTOR INTEREST IN CAPITAL MARKETS CONTINUES

Data compiled by the Turkish Capital Markets Association revealed that domestic investors’ equity holdings increased by 24% in the first quarter of 2022. According to the data, domestic investors’ equity assets, which stood at 524 billion 698 million lira at the end of 2021, increased to 649 billion 924 million lira at the end of March 2022. About 344.3 billion TL of equity assets of domestic investors belong to individual investors, while 305.6 billion to institutional investors and legal persons. Investor interest in capital markets continued in the first three months of this year. The number of investors with a stock balance, which was 2 million 355,000 at the end of 2021, increased by 35% in three months and reached 2 million 390,000 at the end of March 2022.

DOMESTIC INVESTOR TL DEPOSIT INCREASED BY 33 PER CENT

In the first quarter of this year, the financial assets of domestic investors increased by 1 trillion 439 billion lira (18.6%). The financial assets of domestic investors, which stood at 7 trillion 757 billion lira at the end of 2021, increased to 9 trillion 196 billion lira at the end of March 2022. According to TSPB data, the largest increase in the financial assets of domestic investors in the first three months of 2022 concerned government domestic borrowing and TL deposits. Assets of domestic investors in domestic public debt securities, which amounted to around 1 billion 495 million liras at the end of last year, increased by 34% to reach 2 billion liras at the end of March 2022 With the effect of currency-hedged deposit demand, there has been rapid growth in domestic investors’ assets in TL deposits. Domestic investors’ assets in TL deposits, which stood at TL 1.8 trillion at the end of last year, increased by 33% in three months and exceeded TL 2.4 trillion at the end of March 2022. According to TSPB data, during the same period, public Eurobond assets of domestic investors increased by 19% in Turkish lira to 606.8 billion lira, while Eurobond assets from the private sector approached 196.8 billion lira with an increase of 15%. Thanks to the stability of the exchange rate, the assets of domestic investors’ foreign currency deposit accounts, which stood at 3.1 trillion lira at the end of 2021, increased by just 3% to reach 3.2 trillion to read. Owned by domestic investors; At the end of March 2022, the share of capital market assets composed of equities, asset-backed securities, asset-backed securities, private and public euro bonds, domestic government debt securities, warrants and certificates in total financial assets was 39.2%.

LIMITED INCREASE IN THE FINANCIAL ASSETS OF FOREIGN INVESTORS

Financial market summary data for March 2022 announced by the TSPB shows that the financial assets of foreign investors (non-residents) increased by 58.2 billion lira (8.5%) in the first quarter of this year. The financial assets of foreign investors, which were 682.8 billion lira at the end of 2021, increased to 741 billion lira at the end of March 2022. The data reveals that the increase in the assets of foreign investors in the first quarter of this year was limited in relation to the assets of domestic investors. In the first quarter of the year, the fastest increase in the financial assets of foreign investors was that of deposits in Lebanese pounds with 21.8%. Foreign investors’ equity holdings, which amounted to 347.7 billion lira at the end of last year, increased by 9.6% in three months and reached 381.2 billion lira at the end of March 2022. In the first quarter of the year, the largest drop in the financial assets of foreign investors, with 24.7%, concerned holdings of government securities. The holdings of foreign investors, which were 45.2 billion lira at the end of 2021, fell to 34 billion lira at the end of March 2022.

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