Borsa Istanbul yielded its highest monthly real profit with rates of 8.87 percent and 9.35 percent, according to the Domestic Producer Price Index (D-PPI) and Consumer Price Index (CPI) respectively, according to data released by the Turkish Statistical Institute (TurkStat). Generally speaking, investors realized the highest real gains through investing in shares in Borsa Istanbul instead of gold, which was considered a safe haven in March.
According to the D-PPI, the monthly real profit rates of Government Domestic Debt Instruments (GDDI) and gold (ingots) were 2.42 percent and 1.62 percent, respectively. However, investors in the dollar, euro and deposit interest lost by 2.26 percent, 2.15 percent and 0.01 percent. According to CPI, the monthly real profit rate of investors in the GDDI, gold (ingots) and deposit interest were 2.87 percent, 2.07 percent and 0.43 percent respectively, while investors in the dollar and euro lost respectively by 1.83 percent and 1.72 percent.
Gold (ingots) saw the highest real quarterly profits with rates of 14 percent according to D-PPI and 12.88 percent according to CPI, while the stock exchange made its highest real bi-annual profits with rates of 10.34 percent according to D-PPI, and 4.57 percent according to CPI,. The annual real profit rates for gold (ingots) were 13.17 percent and 9.32 percent respectively according to D-PPI and CPI, however in the same period investors in the stock exchange saw the highest losses with the rates of 4.83 percent and 8.07 percent respectively according to D-PPI and CPI.