Foreigners Buy Most Turkish Stocks in Months on Orthodoxy Pivot
Foreign investors poured into Turkish stocks at the highest rate in six months, after an overhaul of the country’s economic leadership sparked expectations of a return to orthodox policies.
Overseas investors bought net $262 million of Turkish stocks in the week through June 9, according to the latest central bank data. That’s the biggest inflow since December. Net inflows into the country’s bonds were $25 million in the same week.