Page 18 - TURKRptOct20

Banks' price-to-book ratios remain at gut-wrenching levels.
Has the Turkish government given up yet keeping the foreign investors' share at above 50% with a range of ruses? The 1,000-level for the Turkish lira-denominated BIST-100 is still holding.
According to data ​released​ on September 24 by the central bank, non-resident investors bought a net $3mn of Borsa Istanbul equities in the week ending September 18 versus a net $30mn outflow in the previous week.
18​ TURKEY Country Report​ October 2020 ​ ​www.intellinews.com