The purpose of this study is to analyze the impact of non residents’ stock investment on sectoral indices within Istanbul Stock Exchange ISE These analyses were carried out by data composed of 365 observations weekly frequency covering 14 01 2005 30 12 2011 period The empirical findings indicate that non residents’ stock investments within ISE are effective on ISE sectoral indices but the effects are differ on the basis of the indices As a result of the findings obtained the non residents’ stock investments in ISE are concentrate on the financial the national 100 industrial service and technology indices in descending order Key Words: ISE Impulse response analysis Variance decomposition Non residents’ stock investment
📌 3 Key Takeaways
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Objective & Hypothesis:The purpose of this study is to analyze the impact of non residents’ stock investment on sectoral indices within Istanbul Stock Exchange ISE These analyses were carried out by data composed of 365 observations weekly frequency covering 14 01 2005 30 12 2011 period The empirical findings indicate that non residents’ stock investments within ISE are effective on ISE sectoral indices but the effects are differ on the basis of the indices As a result of the findings obtained the non residents’ stock investments in ISE are concentrate on the financial the national 100 industrial service and technology indices in descending order Key Words: ISE Impulse response analysis Variance decomposition Non residents’ stock investment
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Key Findings & Data:The purpose of this study is to analyze the impact of non residents’ stock investment on sectoral indices within Istanbul Stock Exchange ISE These analyses were carried out by data composed of 365 observations weekly frequency covering 14 01 2005 30 12 2011 period The empirical findings indicate that non residents’ stock investments within ISE are effective on ISE sectoral indices but the effects are differ on the basis of the indices As a result of the findings obtained the non residents’ stock investments in ISE are concentrate on the financial the national 100 industrial service and technology indices in descending order Key Words: ISE Impulse response analysis Variance decomposition Non residents’ stock investment
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Conclusion & Impact:The purpose of this study is to analyze the impact of non residents’ stock investment on sectoral indices within Istanbul Stock Exchange ISE These analyses were carried out by data composed of 365 observations weekly frequency covering 14 01 2005 30 12 2011 period The empirical findings indicate that non residents’ stock investments within ISE are effective on ISE sectoral indices but the effects are differ on the basis of the indices As a result of the findings obtained the non residents’ stock investments in ISE are concentrate on the financial the national 100 industrial service and technology indices in descending order Key Words: ISE Impulse response analysis Variance decomposition Non residents’ stock investment
The purpose of this study is to analyze the impact of non residents’ stock investment on sectoral indices within Istanbul Stock Exchange ISE These analyses were carried out by data composed of 365 observations weekly frequency covering 14 01 2005 30 12 2011 period The empirical findings indicate that non residents’ stock investments within ISE are effective on ISE sectoral indices but the effects are differ on the basis of the indices As a result of the findings obtained the non residents’ stock investments in ISE are concentrate on the financial the national 100 industrial service and technology indices in descending order Key Words: ISE Impulse response analysis Variance decomposition Non residents’ stock investment
Özet
Bu çalışmanın amacı yurtdışı yerleşiklerin İMKB bünyesinde yaptıkları hisse senedi yatırımlarının sektörel endeksler üzerindeki etkisini incelemektir Analizler 14 01 2005 30 12 2011 dönemini kapsayan 365 gözlemden oluşan haftalık frekansta veriler kullanılarak yapılmıştır Ampirik bulgular yurtdışı yerleşiklerin İMKB bünyesindeki hisse senedi yatırımlarının incelenen endeksler üzerinde etkili olduğuna ancak bu etkinin endeks bazında farklılık gösterdiğine işaret etmektedir Elde edilen bulgular yurtdışı yerleşiklerin büyükten küçüğe doğru mali ulusal 100 sınai hizmet ve teknoloji endeksleri içerinde yoğunlaştıklarını ortaya koymaktadır Anahtar Kelimeler: İMKB Etki tepki analizi Varyans ayrıştırması Yurtdışı yerleşiklerin hisse senedi yatırımları
İBİCİOĞLU, D. M. (2012). Yurtdışı Yerleşiklerin Hisse Senedi Piyasası Üzerindeki Etkisi: İmkb’de Endeks Bazında Uygulamalar. Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Cilt: 21 - Sayı: 3, 41–54. https://ajindex.com/articles/73611