The Capital Markets Association of Turkey (TSPB), the Central Bank of the Republic of Turkey (TCMB) and the Central Registry Agency (MKK) has shared the “Financial Market Summary Data” for 2022, which it has prepared.
Looking at the TSPB data, the total financial assets of domestic and foreign investors increased by 86.7 percent in 2022 compared to the previous year and reached 15 trillion 755.3 billion liras. 14 trillion 428 billion lira of the financial assets in question belong to domestic investors, and it was observed that their assets increased by 86 percent compared to the previous year.
TSPB information revealed that the biggest contribution to the growth of domestic investors’ financial assets in 2022 came from the increase in stocks and TL deposit assets.
Record growth in equity holdings
The increase in domestic investor interest in capital markets, especially after the epidemic, increased exponentially last year with the effect of the low interest policy followed.
According to TSPB information, the number of investors with stock balance, which was 1.2 million with the prestige at the end of 2019, increased to 2 million in 2020 and to 2 million 355 thousand in 2021. The number of investors with equity balances increased by 1.4 million in 2022 and reached 3 million 783 thousand.
The record increase in the interest of domestic investors and the 196.6 percent rise in the BIST 100 index brought about a record growth in the stock assets of domestic investors in 2022.
Among the total assets of domestic investors, the highest growth was experienced in stock assets. The stock assets of domestic investors, which were 524.7 billion liras in 2021, increased by 250 percent and reached 1 trillion 836 billion liras by the end of 2022. TL 1 trillion of this amount belongs to individual investors.
TL deposits grew by 153.2 percent
According to the TSPB’s 2022 “Financial Market Summary Data”, the fastest growth in domestic investors’ assets after the stock was experienced in TL deposits last year. While the increase in foreign exchange deposit accounts remained finite due to the effect of the Currency Protected Deposit application, there was a high increase in TL deposits.
TL deposit assets of domestic investors, which were TL 1 trillion 829 billion at the end of 2021, increased by 153.2 percent to TL 4 trillion 631 billion at the end of 2022. With the prestige of the end of 2021, the foreign currency deposit accounts of domestic investors, which were 3 trillion liras, increased by a finite rate of 16.6% and reached 3.6 trillion liras at the end of 2022.
Capital market share of locals increased
According to TSPB data, the assets of domestic investors’ government debt securities increased by 105.2 percent in 2022 compared to the previous year and reached 3 trillion 67 billion liras.
In 2022, public eurobond assets of domestic investors increased by 68.2 percent compared to the previous year and reached 859 billion liras, while private sector eurobond assets increased by 31 percent to 224 billion liras.
Regarding domestic investors; The share of capital market assets consisting of stocks, asset-backed securities, asset-backed securities, private and public eurobonds, government domestic debt securities, warrants and certificates in total financial assets increased by 6 percentage points compared to the previous year and reached 43 percent with the prestige of the end of 2022. e is out.
Foreigners’ stock holdings grew by 118.7 percent
According to the 2022 “Summary Financial Market Data” announced by the TSPB, the financial assets of foreign investors, which were 682.8 billion liras at the end of 2021, increased by 94.4 percent to 1 trillion 328 billion liras at the end of 2022.
The stock assets of foreign investors, which were 347.7 billion liras at the end of 2021, increased by 118.7 percent to 760.4 billion liras at the end of 2022.
The growth in the stock holdings of foreign investors under left. Meanwhile, the weight of foreign investors in the total stock portfolio continued to decline over the past year. According to the data, the burden on the stock portfolio of foreign investors, which was over 60 percent at the end of 2019, decreased to 49 percent at the end of 2020, to 40 percent at the end of 2021, and below 30 percent at the end of 2022.
With the prestige of the end of 2022, of the total stock portfolio value of 2 trillion 596 billion liras in Turkey, 29.3 percent belongs to foreign investors and 70.7 percent to domestic investors.
The highest increase in the financial assets of foreign investors was experienced in TL deposits. The information revealed that the TL deposits of foreign investors increased by 169% compared to the previous year and reached 111.7 billion TL at the end of 2022, while their assets in foreign currency deposit accounts increased by 74.4 percent to 418 billion TL in the same period.
IPO of 40 companies took place
Parallel to the record increase in the number of domestic investors, the interest of companies in public offerings continued in a strong form. In 2022, 40 companies were offered to the public.
The funds provided by the companies in question from the capital markets through the public offering amounted to TL 19.3 billion. With these public offerings, the number of companies listed on Borsa Istanbul became 483 with the prestige of the end of 2022.