Emerging Markets Spotlight: BIST 100 Crosses 11,240 on Foreign Bank Buying
International funds poured $840 million into Turkish equities over five sessions as disinflation traction and high reserve buffers buoyed investor confidence.
Marcus Sterling
Chief Equity Strategist · Vizyon Capital
Borsa Istanbul extended its record-breaking streak as the BIST 100 index climbed 1.84% to close at 11,247.82, led by a 3.2% surge in major private banking shares. Daily turnover topped 142 billion lira, underscoring broad institutional conviction.
Custody data compiled by Vizyon Capital shows foreign ownership climbing back to 38.4%—an 18-month high—following $840 million in net inflows across five consecutive sessions.
Analysts cite Turkey's 185 billion dollar gross reserve buffer and disciplined monetary policy stance as key catalysts anchoring foreign appetite ahead of potential credit rating upgrades next year.
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