{"id":52785,"date":"2026-08-14T05:26:53","date_gmt":"2026-08-14T05:26:53","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/yendeki-oynakligin-temkinliligi-artirmasiyla-yabanci-yatirimcilar-japon-hisselerinde-net-satici-konumuna-gecti\/"},"modified":"2026-08-14T05:26:53","modified_gmt":"2026-08-14T05:26:53","slug":"yendeki-oynakligin-temkinliligi-artirmasiyla-yabanci-yatirimcilar-japon-hisselerinde-net-satici-konumuna-gecti","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/yendeki-oynakligin-temkinliligi-artirmasiyla-yabanci-yatirimcilar-japon-hisselerinde-net-satici-konumuna-gecti\/","title":{"rendered":"Yen\u2019deki oynakl\u0131\u011f\u0131n temkinlili\u011fi art\u0131rmas\u0131yla yabanc\u0131 yat\u0131r\u0131mc\u0131lar Japon hisselerinde net sat\u0131c\u0131 konumuna ge\u00e7ti"},"content":{"rendered":"

Japon hisse senetlerine y\u00f6nelik yabanc\u0131 yat\u0131r\u0131m ak\u0131mlar\u0131, 7 A\u011fustos itibar\u0131yla \u00a5392,5 mlr net al\u0131mdan \u00a5-368,5 mlr net sat\u0131\u015fa d\u00f6nd\u00fc. Bu tersine d\u00f6n\u00fc\u015f, son raporlama d\u00f6neminde yurtd\u0131\u015f\u0131 hesaplar\u0131n al\u0131c\u0131 konumundan sat\u0131c\u0131 konumuna ge\u00e7ti\u011fine i\u015faret ediyor.<\/p>\n

Veriler, Japonya borsas\u0131nda pozisyonlanmada sert bir de\u011fi\u015fime i\u015faret ediyor; \u00f6nceki giri\u015fin yerini \u00e7\u0131k\u0131\u015f ald\u0131. 7 A\u011fustos tarihli son okuma, bir \u00f6nceki pozitif bakiyenin ard\u0131ndan yabanc\u0131 i\u015flemlerinin negatife d\u00f6nd\u00fc\u011f\u00fcn\u00fc g\u00f6steriyor.<\/p>\n

Yabanc\u0131 Sermayede Tersine D\u00f6n\u00fc\u015f ve Artan Piyasa Temkini<\/h3>\n

7 A\u011fustos\u2019ta sona eren haftada yabanc\u0131 yat\u0131r\u0131mc\u0131lar\u0131n Japon hisselerinden net \u00a5368,5 milyar \u00e7\u0131k\u0131\u015f yapt\u0131\u011f\u0131, bir \u00f6nceki haftan\u0131n \u00a5392,5 milyarl\u0131k giri\u015fini tersine \u00e7evirdi\u011fi g\u00f6r\u00fcl\u00fcyor. Bu sert d\u00f6n\u00fc\u015f, \u00f6zellikle yen oynakl\u0131\u011f\u0131 ve Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) para politikas\u0131 duru\u015fundaki de\u011fi\u015fimlerin ard\u0131ndan k\u00fcresel fonlar taraf\u0131nda artan temkinlili\u011fi \u00f6ne \u00e7\u0131kar\u0131yor. T\u00fcrev i\u015flem yapanlar a\u00e7\u0131s\u0131ndan bu ani sermaye \u00e7\u0131k\u0131\u015f\u0131, Tokyo\u2019daki son borsa rallisinin ivme kaybetti\u011fine i\u015faret ediyor.<\/p>\n

Japon Piyasalar\u0131nda Belirsizlikte \u0130zlenecek Stratejiler<\/h3>\n

\u00d6n\u00fcm\u00fczdeki haftalarda bu ortamda yol almak i\u00e7in Nikkei 225\u2019te k\u0131sa vadeli a\u015fa\u011f\u0131 y\u00f6nl\u00fc stratejilere, \u00f6rne\u011fin ba\u015faba\u015f seviyeye yak\u0131n (near-the-money) put opsiyonlar\u0131n\u0131n al\u0131m\u0131na odaklan\u0131lmas\u0131n\u0131 \u00f6neriyoruz. Yabanc\u0131 duyarl\u0131l\u0131ktaki bu ani tersine d\u00f6n\u00fc\u015f dikkate al\u0131nd\u0131\u011f\u0131nda, tarihsel veriler benzer h\u0131zl\u0131 \u00e7\u0131k\u0131\u015flar\u0131n Japonya\u2019n\u0131n ba\u015fl\u0131ca endekslerinde s\u0131kl\u0131kla %3 ila %5\u2019lik bir a\u015fa\u011f\u0131 d\u00fczeltmenin \u00f6nc\u00fcs\u00fc olabildi\u011fini g\u00f6steriyor. Mevcut uzun pozisyonlar\u0131n endeks vadeli i\u015flemleriyle hedge edilmesi, gece saatlerinde gelebilecek beklenmedik sat\u0131\u015flara kar\u015f\u0131 portf\u00f6yleri korumaya da yard\u0131mc\u0131 olacakt\u0131r.<\/p>\n

Ayn\u0131 zamanda, kur dalgalanmalar\u0131 yabanc\u0131 yat\u0131r\u0131m ak\u0131mlar\u0131n\u0131 belirlemeye devam etti\u011fi i\u00e7in USD\/JPY opsiyonlar\u0131na yak\u0131ndan bakmak gerekiyor. G\u00fc\u00e7lenen yen, genellikle carry trade \u00e7\u00f6z\u00fclmesini h\u0131zland\u0131r\u0131r; bu da yabanc\u0131 oyuncular\u0131n hisse tasfiyelerini a\u011f\u0131rla\u015ft\u0131rabilir. Mevcut ko\u015fullarda y\u00f6ns\u00fcz hisse pozisyonlar\u0131n\u0131 ta\u015f\u0131mak yerine, d\u00f6viz paritelerinde ima edilen volatilite (implied volatility) \u00fczerine i\u015flem yapmak daha iyi risk-getiri profili sunabilir.<\/p>\n\n\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\u015eok d\u00f6n\u00fc\u015f: Yabanc\u0131 yat\u0131r\u0131mc\u0131 Japon hisselerinde \u00a5392,5 mlr giri\u015ften \u00a5368,5 mlr net \u00e7\u0131k\u0131\u015fa ge\u00e7ti. Yen oynakl\u0131\u011f\u0131 ve BoJ belirsizli\u011fi temkini art\u0131r\u0131yor; Nikkei\u2019de %3-5 d\u00fczeltme, put ve hedge \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":50024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-52785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t