• Sat. Dec 9th, 2023

Over 100 Companies Submit IPO Applications, 50 Expected to Finalize by Year’s End


Nov 21, 2023

The Chairman of the Capital Markets Board (CMB), İbrahim Ömer Gönül, spoke out about the growing interest in the stock market and public offerings among investors. He highlighted the need for a logical investment strategy and emphasized the importance of increasing demand for the stock market.

Gönül acknowledged that the rising interest in the stock market is driven by people seeking new ways to grow their money. However, he warned new investors to approach public offerings with a professional mindset and seek guidance from financial professionals. The CMB has nearly 100 public offering applications on their desks, and Gönül stressed that evaluating companies’ ability to meet market demands is crucial.

The trend brought about by increasing public offerings in Turkey is an influx of new investors who may not have basic investment knowledge. Gönül also addressed challenges posed by large volume transactions and movements in the stock market, emphasizing the need to closely monitor developments and work with the stock exchange to maintain market stability.

When asked about CMB’s future approach to approval processes, Gönül reiterated their commitment to caution in their principles and urged careful consideration of all factors involved. In conclusion, Gönül’s statements underscored the importance of approaching the stock market and public offerings with a rational investment strategy while maintaining cautious market regulation.

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