2021 could be year of IPOs for Borsa Istanbul, says official
Published 05 Jan,2021 via Hürriyet Daily News - As 700,000 domestic investors opened accounts at Borsa Istanbul (BİST) in 2020 and foreign investor flows returned since early November 2020, well over 20 initial public offerings (IPOs) can take place this year, according to the Turkish Capital Markets Association (TSPB) head Tevfik Eraslan.
“I’ve been hearing of many companies from various sectors evaluating this subject. We will face not only 20 or 24, but way more IPO figures in the upcoming period,” Eraslan told daily Dünya yesterday.
Eraslan recalled that 700,000 new domestic investors opened accounts to conduct transactions on the BİST trade sessions last year.
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
Hurriyet Daily News