Borsa Istanbul 100 Index Broke a Record Rise

In this period we are in, citizens are paying intense attention to the stock market. interest He started to hear it. As a result of this interest, the stock market is not only May in the month 80.000 new individual investors gained and thus the total number of individual investors increased 1.5 million exceeded. In this way, Borsa IstanbulWhere the 100 most valuable companies carried out transactions in BIST 100 index May 15 Starting on and ending yesterday 13 daysn rising over and over record it broke. Before this, the longest rally of the BIST 100 index was 1993 in the year 13 Augustfrom 31 Augustlasting until 12 days old It was the process.

While the interest rates applied by banks on deposits are having a hard time being below the inflation values, the purchase of gold and foreign currency is also decreasing. exchange tax was increased 5 times. Annual inflation in May %11.39 values, while the average net deposit interest provided by banks increased to %6.25'It had decreased to . For this reason, saving citizens were not very satisfied with the interest income on deposits.

There was an investor boom in the stock market:

Due to the increase in foreign exchange tax last month, Dollar, Euro or gold purchase worth 1% more expensive it has become. For this reason, foreign currency deposit accounts should be opened before the tax increase. $2.9 billion Although it increased, the accounts remained flat after the tax increase. Due to the rapid decline in deposit interest rates and the rapid rise in the stock market, individuals with savings an alternative income He started his search. As a result of this search for alternative returns, many individuals stock turned to the market. In Türkiye, stock market investors are currently among the adult population. %2.5While creating , interest in approximately 300 investment funds created by portfolio companies was also increased. to increase It is observed that it has started. However, the majority of citizens who want to invest still do not have much information about these alternative investment methods. For this reason, a large portion of people still consider owning a house with low-interest bank loans.

However, although banks' loan interest rates are low, it is useful to take into account the rising house prices in the current period. about this  Medipol University Faculty Member Assoc. Dr. Aysel Gündoğdu, says that citizens should do good market research. He states that when calculating the value of the house to be purchased, citizens should also take into account the rent multiplier, which shows how many months of gross rent will be obtained.