Turkish Stocks On The Rise: How Market Support Efforts Are Paying OffIntroduction

For the longest time, the Turkish stock market has been lagging behind its European counterparts. But in recent months, the market has shown signs of recovery and is beginning to rise from the ashes. What’s behind this positive trend? The answer lies in a combination of government support efforts, improved investor confidence, and a stronger local currency. In this blog post, we’ll take a look at how these factors are driving Turkey’s stock market up and what more can be done to ensure that it continues its upward trajectory.

Background

Turkey’s economic success in recent years has been underpinned by a flourishing domestic stock market. The Istanbul Stock Exchange (ISE) is now the 13th largest in the world and Turkish stocks have outperformed most other major indices over the last decade. This article looks at how government support has helped to make the ISE one of the world’s best-performing stock markets.

A key driver of Turkey’s economic growth has been its thriving stock market. The Istanbul Stock Exchange (ISE) is now the 13th largest in the world, with a market capitalization of $851 billion in 2019. It has also been one of the best-performing stock markets over the last decade, outperforming major indices such as the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite.

This success is due in part to supportive government policies. For example, the Turkish government has implemented a number of tax incentives for companies that list on the ISE. These include a corporate income tax exemption on dividends and capital gains, as well as a reduced VAT rate on equity trading. The government has also provided direct financial support to help grow the stock market, injecting $1 billion into state-owned banks to encourage them to buy stocks.

These measures have helped to make Turkey’s stock market an attractive destination for foreign investors. In 2018, foreign investors accounted for around 30% of all trading activity on the ISE – up

The Turkish Stock Market

Turkey’s central bank has taken aggressive steps to support the country’s stock market and prop up the lira, and those efforts appear to be paying off.

The Turkish Stock Market BIST 100 index is up more than 13% since the beginning of October, when the central bank started implementing its new policy measures. And the lira has also stabilized, trading in a relatively tight range against the dollar since mid-October.

The central bank has been gradually easing monetary policy since late 2018, but it stepped up its efforts in October after a sharp sell-off in the stock market and currency. It announced a package of measures worth about $12 billion to help banks buy stocks and support the economy.

Those measures seem to be having an impact. The BIST 100 index is now up nearly 30% from its lows in August, when Turkey was facing a full-blown currency crisis. And although the lira is still down about 20% against the dollar this year, it has recovered sharply from its lows in August and September.

The central bank’s aggressive actions have helped to ease fears about Turkey’s economy and financial stability, and that is boosting investor confidence. Foreign investors have been net buyers of Turkish stocks for four straight weeks, according to data from EPFR Global.

All this is good news for Turkey’s economy, which is highly dependent on foreign investment. The country needs inflows of foreign capital

Economic Indicators

Turkey’s economy has been on the upswing in recent years, and this is reflected in the stock market. Turkish stocks are up nearly 60% since 2016, and this rise is due in large part to government support efforts.

Turkey has been working to improve its economic indicators and make itself more attractive to foreign investors. These efforts have paid off, as foreign direct investment into Turkey was up 20% in 2017. The government has also implemented a series of reforms to help spur economic growth.

These efforts are paying off, as the Turkish economy is now growing at a healthy rate. GDP growth was 7.4% in 2017, and is expected to remain strong in 2018. Inflation is also under control, and is expected to be below 10% this year.

The strong economic growth is translating into higher stock prices, as investors seek out opportunities in Turkey. With the economy expected to continue growing at a solid pace, Turkish stocks are likely to continue their upward trend in 2018.

The Future of the Turkish Stock Market

The Turkish stock market is on the rise, and many believe that this trend will continue. There are a number of factors that support this belief, including the recent actions taken by the government to support the market, and the overall strength of the economy.

The government has been working to stabilize the stock market and encourage investment. They have been successful in reducing volatility and increasing confidence in the market. In addition, they have implemented a number of measures to make it easier for foreigners to invest in Turkish stocks. These efforts are paying off, as foreign investment is on the rise.

The overall strength of the economy is also supportive of the stock market. The economy is growing at a healthy rate, unemployment is low, and inflation is under control. This provides a strong foundation for continued growth in the stock market.

The future looks bright for the Turkish stock market. The government’s efforts to support the market and attract foreign investment are paying off, and the underlying economic conditions are favorable for continued growth.

Conclusion

In conclusion, the Turkish stock market has been on an upswing in recent months due to a combination of local and global factors. Government-backed initiatives such as the new tax system, stimulus packages, and investment incentives have helped keep investor confidence high despite uncertain times. These efforts have clearly paid off for Turkey as evidenced by its growing marketshare in Europe and beyond. We can only hope that these efforts will continue to be successful over time so that investors can reap greater rewards from their investments in Turkish stocks.