Bigger Investors Pounced on Turkey’s Soaring Stocks Last Year

The number of larger investors buying Turkish stocks soared last year as the nation’s equity market saw a world-beating rally.  

With the market offering domestic investors a hedge against runaway inflation, accounts with budgets of more than 1 million liras ($53,200) climbed by more than 250% in 2022, according to Turkey’s Central Securities Depository data. That outpaced growth in all other portfolio size segments, in a shift from the previous year when smaller retail investors deploying between 100 to 1,000 liras rose the most.