• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Turkish Stocks Soared the Most Globally in This Quarter

December 1, 2021 by Forex Winner Leave a Comment

Turkish Stocks Soared the Most Globally in This Quarter

Source: Bloomberg

Turkish stocks increased again as the lira’s decline caused local investors to seek ways to protect their savings and make equities cheap to ignore for foreign investors. BIST 100 up +2.45%

  • The benchmark Borsa Instanbul 100 Index increased 32% in local currency terms this quarter. Meanwhile, it’s the worst performance, lower 12%.
  • The measure improved nearly 2.7% on Wednesday, a day after the lira plunged another record low.
  • Burak Isyar, head of equity research at ICBC Turkey Investment in Instanbul, stated that stocks remain as one of the few attractive asset classes for protecting savings for locals.
  • The lira bounced back on Wednesday after Turkey’s central bank engaged to stabilize the lira.
  • The currency has deteriorated 35% on a cumulative 400 basis points of rate cuts starting mid-September.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

xm forex broker

XM Review

April 25, 2019 By Forex Winner

europefx

EuropeFX Review

December 26, 2019 By Forex Winner

nordfx

NordFX Review

November 14, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure