Tension between Türkiye's investors before the opposition leadership sentenced

The shares in Türkiye are on their way to its longest weekly losses since February, amid the tensions of investors before a new judicial struggle over the leadership of the country’s most important opposition party. The case, which will be sessions in Ankara on Monday, is a reminder of the political dangers related to investment in Turkish assets. Last week, foreign investors have sold the largest amount of Turkish shares and bonds since June, after another court canceled the party’s leadership in Istanbul. The Opposition Republican Party (CHP) has faced a series of issues related to the allegations of offenses and corruption since the victory in the local election last year, when he caused a major defeat against the Justice and Development Party led by President Recep Tayyip Erdogan. The opposition party won 14 out of the 30 major municipalities and beat the Justice and Development Party in total votes. Within months, the party defends itself against what it has seen as an existential threat due to a rush of judicial cases. Also read: All you want to know about the municipal election in Turkey and the “Istanbul battle” is threatened if the court in Ankara decides to appoint secretaries to Republican Volksparty management, it can be increased by Mohamed Gres, CEO of the asset Management Company “Owaysli Portfoy”. Jers said: “The political events that make the risks that investors focus somewhat on immediate results,” Jers said. He added that it could evaluate “shares and assets with less than their true value.” Turkish shares and bonds leave the net sales of foreign investors $ 1.3 billion in shares and bonds after the ruling last week, which canceled the Republican People’s Party Conference in Istanbul, while government banks sold dollars to support the currency. Also read: Government banks in Turkey are selling $ 5 billion to defend the Lira, the Istanbul Stock Exchange Index (Bist 100) has fallen by about 8% since issuing the ruling, while the return on government bonds increased by 1.75 percentage points for two years. The standard stock index fell about 0.5% on Friday on the way to register a third week of consecutive losses, while the lira fell 0.1%. The Turkish assets were already fallen in March after the mayor of Akram Imamoglu in Istanbul, Akram Imamoglu, led, which led to a flow of about $ 50 billion abroad. Imamoglu was commonly seen as the most powerful participant in Erdogan. According to Victor Sabo, the investment manager of the ‘Abiament Investments’, the reactions are less serious, as investors are accustomed to political turmoil, the impact of Turkish unrest this time, as investors are accustomed to political turmoil. “The market is now used to the negative political news of Türkiye,” Sabo said. He added: “As long as the addresses associated with political events do not disrupt the real economy through larger protests or unrest, the market will not be much affected.” Investors will continue to follow the domestic demand for the dollar carefully, as the sudden heights are considered a major risk of policymakers in March during the market turmoil, after foreigners quickly got rid of the lira’s possession. The Turkish “central” attempts to combat the “hot” money flow for the lira to improve the reserves of the Turkish central bank of the Turkish bank. Economists of “Morgan Stanley” in this week’s report. The court hearing focuses on Monday on the allegations that offenses occurred at a party conference that the Republican Party leadership elected in 2023. At the time, the election led to the exit of Kamal Klotdaroglu, who held the party’s president for a long time, and the election of Ozgor Ozil, which is currently leading the party. The Republican People’s Party requested an extraordinary conference on September 21, which means the turmoil could continue, even after the court hearing on Monday. “There is still the possibility of other complicated scenarios, and markets do not usually accept this amount of complications,” says Patohan Ozchhin, CEO of Ata Portfoy in Istanbul.