According to data announced by Istanbul's stock exchange, Borsa Istanbul, after the high net purchase in October, foreign investors returned to the sale trend effective in the second half of the year. After net purchases totaling $168 million in October, foreign investors switched back to sales in November just like in July, August and September. Net sales by foreign investors in November at Borsa Istanbul totaled $1.1 billion. Looking at the transactions of foreign investors until the new year, roughly $1.9 billion has been withdrawn from the Borsa Istanbul, which includes the sales in the second half of the year. The BIST 100 index, which involves the 100 biggest companies being traded in Borsa Istanbul, dropped 5.26 percent in Turkish lira and by 5.19 percent in dollars as a result of the high sales figures in November.
Migros's shares were the highest in terms of net purchases in November, with $8 million, followed by ASELSAN with $5.3 million and Vestel and Doğan Holding each with $5 million. A total of $231 million worth of Turkish Airlines' share certificates were sold by foreign investors, followed by Garanti Bank with $138 million, Akbank with $81.3 million and Sabancı Holding with $81 million.
