09 June 2017•Update: 12 June 2017
By Dilara Zengin
ANKARA
The Borsa Istanbul index yielded the highest monthly real profit among financial investment tools in Turkey this May, the Turkish Statistics Institute (TurkStat) said on Friday.
Turkey's benchmark index rates were 4.50 percent and 4.57 percent in May, according to the domestic producer price index (D-PPI) and consumer price index (CPI), respectively.
The Turkish stock exchange climbed 3.15 percent to stand at 92,197.69 points at the close on May 31, up from 89,381.22 points at the close of the first transaction day of May.
According to the D-PPI, the monthly real profit rate of government domestic debt instruments' return was 0.95 percent, while deposit interest yielded 0.29 percent and the euro 0.14 percent. However, the U.S. dollar and gold lost 2.84 percent and 4.61 percent, respectively.
By the CPI, the monthly real profit rates of government domestic debt instruments, deposit interest, and euro investors were 1.02 percent, 0.36 percent, and 0.21 percent, while U.S. dollar and gold investors lost 2.77 percent and 4.54 percent respectively.
TurkStat’s report, called Rates of Real Profits created by Means of Financial Investment in May 2017, showed that the stock exchange yielded Turkey's highest real profit with rates of 6.34 percent, according to the D-PPI and 5.87 percent according to the CPI, quarterly.
Investors in the U.S. dollar saw the highest loss with the rates of 4.92 percent and 5.34 percent according to the D-PPI and CPI in the same period.
The maximum bi-annual real profit rate was also realized in the stock exchange. The real bi-annual profit rate of the BIST 100 index totaled 14.63 percent according to the D-PPI and 17.85 percent according to the CPI.
In the same period, investors in government domestic debt instruments suffered the highest loss with rates of 5.53 percent and 2.88 percent according to the D-PPI and CPI, respectively.
The annual real profit rates of Turkish stocks were 5.92 percent and 9.27 percent according to the D-PPI and CPI respectively, but investors in government domestic debt instruments saw the highest loss with rates of 6.77 percent according to the D-PPI and 3.81 percent according to the CPI in the same period.
The Rates of Financial Investment Real Profits reports calculates monthly, quarterly, bi-annual, and yearly average real profits -- denoted by CPI and D-PPI -- of deposit interest, stock exchange (BIST 100), gold, the U.S. dollar, the euro, and government domestic debt instruments.
