İş Yatırım

The combined net profit of the companies, whose shares are traded on the stock exchange, increased by 75 percent in the third quarter to hit 444 billion Turkish Liras ($15.6 billion).

Turkish fashion retailer Mavi Giyim's initial public offering (IPO) is seen priced at 43 to 51 lira per share, valuing the jeans maker at up to 2.5 billion lira ($700 million), a source close to the matter told Reuters on May 30.