Over 100 Companies Submit IPO Applications, Half Expected to Finalize by Year’s End.

As the chairman of the Capital Markets Board (CMB) in Turkey, İbrahim Ömer Gönül has been addressing the growing interest in the stock market and public offerings over the past year. He has highlighted the importance of increasing demand for the stock market and urged new investors to approach it with a logical investment strategy.

Gönül acknowledged that people are turning to the stock market as a new way to grow their money, but also emphasized that there is a need for careful market regulation due to increasing deposit interest rates on public offerings and stock market interest. He shared that CMB has received nearly 100 applications for public offerings, underlining the importance of evaluating companies’ ability to meet market demands and necessary conditions.

One significant trend brought about by increasing public offerings in Turkey is an influx of new investors who may not have basic investment knowledge. Gönül warned these investors to approach public offerings with a professional mindset and seek guidance from financial professionals. When asked about future approval processes, Gönül reiterated his commitment to caution in his principles and continued careful evaluation.

In addition, Gönül addressed challenges posed by large volume transactions and movements in the stock market, emphasizing the importance of closely monitoring developments and working with the stock exchange to maintain market stability. Overall, Gönül’s statements underscored the importance of approaching public offerings with a rational, well-informed investment strategy and cautious market regulation.

Leave a Reply