Borsa Istanbul
Erdoğan says Türkiye still 'financial hub' amid global uncertainty
President Recep Tayyip Erdoğan has argued Türkiye's recent financial initiatives are solidifying its position as a financial powerhouse, attracting both domestic and international investors.
Companies raise $1.7 billion in IPOs this year
A total of 28 Turkish companies have launched initial public offerings (IPO) since the start of the year, collectively raising $1.7 billion.
This marked the second largest amount raised in IPOs after $2.4 billion collected through public offerings in 2021, according to daily Milliyet.
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Profits of listed companies up 149 percent
The profit index the Central Registry Agency (MKK) compiled for Borsa Istanbul-listed companies increased by 149 percent in the first quarter of 2022 from a year ago.
The index, which advanced 33.5 percent in the October-December period of last year, also rose by 25 percent in January-March from the previous quarter.
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Central Bank intervenes in FX market
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'New era begins in Borsa Istanbul's sustainability index'
A new era in the BIST sustainability Index is set to begin in Borsa Istanbul, as companies will be able to update their sustainability data throughout the year.
Turkey’s stock exchange managing director resigns
Borsa Istanbul's Managing Director Hakan Atilla has resigned, a statement said on March 8.
The board of directors has accepted the resignation and the decision was notified to the Capital Markets Board (SPK).
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Turkish investors' interest in capital markets on rise
Turkish capital markets in 2020 drew growing interest from domestic investors, with 782,367 people investing in the markets, according to data compiled on Jan. 5 by Anadolu Agency from the Central Registry Agency (MKK).
Qatar becomes 10% shareholder of Turkey's stock exchange
The acquisition of a 10% share in Turkish stock exchange Borsa Istanbul by the Qatari state Investment Authority was completed on Nov. 30.
According to a statement from the Turkiye Wealth Fund (TWF), the transaction size of $200 million implies a total equity value of $2 billion.
Turkish investment funds hit record level of $22 bln
The total volume of the investment funds in Turkey has exceeded 150 billion Turkish Liras ($22 billion), and the number of people and entities investing in them has reached 3.1 million, according to the Settlement and Custody Bank of Borsa Istanbul (Takasbank).
Turkish supermarket Migros gets European bank infusion
The European Bank for Reconstruction and Development has invested 30.8 million Turkish lira ($5.2 million) in lira-denominated bonds of a top Turkish supermarket chains, Migros.
"The new Turkish lira-denominated bond will be listed on Borsa Istanbul and its proceeds will reduce the company's foreign currency exposure," the bank announced on Dec. 23.