Turkish Statistical Institute Reveals Top Performing Investment of May

BIST 100 Index Leads with Highest Real Returns Amid Losses in Other Investment Vehicles

The Turkish Statistical Institute (TUIK) has announced the most profitable investment vehicles for May, with the BIST 100 index emerging as the top performer. Adjusted for the consumer price index (CPI), the BIST 100 index delivered the highest real return at 5.44%. According to the May Financial Investment Instruments Real Return Rates report from TUIK, the BIST 100 index also led with a 6.89% return when adjusted for the domestic producer price index (D-PPI).

In contrast, other investment vehicles struggled. When adjusted for D-PPI, gross deposit interest yielded a modest 1.19%, and government bonds (DIBS) provided a 0.38% return, while euros, dollars, and gold bullion incurred losses of 1.44%, 2.25%, and 3.72%, respectively. When adjusted for CPI, gross deposit interest returned 0.19%, government bonds 0.99%, with euros, dollars, and gold bullion resulting in losses of 2.79%, 3.58%, and 5.03%, respectively.

Over a three-month period, gold bullion was the top performer, offering real returns of 8.75% (D-PPI) and 7.84% (CPI). Government bonds were the worst performers, with losses of 5.42% (D-PPI) and 6.21% (CPI).

For a six-month evaluation, the BIST 100 index provided the highest returns at 11.70% (D-PPI) and 5.43% (CPI), while the dollar showed the greatest losses, at 5.65% (D-PPI) and 10.95% (CPI).

On an annual basis, the BIST 100 index maintained its lead with returns of 44.44% (D-PPI) and 29.81% (CPI). Gold bullion also provided positive returns of 14.76% (D-PPI) and 3.14% (CPI). In contrast, gross deposit interest and government bonds saw significant losses across both indices, making the stock market the most lucrative investment choice of the year.

Source: / Prepared by Irem Yildiz

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