Turkish stock exchange leads in monthly real profit rates, statistical agency reports
In a recent statement released on Tuesday, Türkiye's statistical agency highlighted that the country's stock exchange achieved the highest monthly real profit rate.
The exchange delivered notable returns with rates of 10.50% and 9.22%, as indicated by the domestic producer price index (D-PPI) and consumer price index (CPI) respectively.
According to the data presented by the agency, investments in Euro, US Dollar, and gold (ingot) also demonstrated positive monthly real profit rates. These stood at 7.75%, 5.45%, and 5.23% respectively, according to D-PPI.
However, the opposite was observed in the case of deposit interest and government domestic debt instruments (GDDI), which experienced losses of 5.85% and 9.56% respectively.
The story remained similar when assessed through the lens of CPI, with Euro, US Dollar, and gold (ingot) investors registering real profits of 6.51%, 4.24%, and 4.02%. Conversely, deposit interest and GDDI investors faced setbacks of 6.93% and 10.60% respectively.
For the quarterly and bi-annual periods, Euro stood out in terms of real profit, achieving rates of 19.18% and 21.47% according to D-PPI and CPI respectively. Meanwhile, GDDI investors faced losses of 16.53% (D-PPI) and 14.93% (CPI) for the same quarters.
On an annual basis, the stock exchange took the lead once again, yielding impressive annual real profit rates of 81.52% (D-PPI) and 77.43% (CPI). Gold (ingot), Euro, and US Dollar investors saw annual real profit rates of 17.90%, 13.58%, and 4.89% respectively (D-PPI), while losses were incurred by GDDI and deposit interest investors at rates of 18.71% and 19.45%.
When considering CPI, annual real profit rates were 15.25%, 11.03%, and 2.53% for gold (ingot), Euro, and US Dollar investments, while GDDI and deposit interest investors saw losses of 20.54% and 21.27% respectively.
This data highlights the varying trends in investment returns across different sectors and timeframes, offering insights into Türkiye's economic landscape. (ILKHA)