Türkiye considering delaying the rate of preliminary suggestions for this reason
Türkiye is considering delaying the rate of provisional public subscriptions on the most important stock exchange in Istanbul, according to a person familiar with the discussions, after the variation of investors’ appetite for a series of suggestions recently. The person, who asked not to disclose his identity for the privacy of the case, said that the Capital Markets Board is studying the requests of some companies that have applied for preliminary public subscriptions to postpone final approvals. The person explained that the businesses asked the organizational authority to evaluate the morale of the market before approving the next group of proposals, while the regulatory authority refused to comment. The new proposals in Turkey have the call to combat the rate of new inductions, the recovery of the activity of the initial public proposals in Turkey, after the slowdown it saw in 2024. Read more: Turkey increases the ban on open sales of the shares of the large listed companies and the local market has already witnessed 10 initial public proposals on two -agreement, according to the completion of another public. Data from the organizational authority and the stock market. These numbers are compared to the process of one insert and the issuance of two approval to the offer during the same period last year. The person said that the regulatory authority currently has a list of more than 90 companies that have obtained the initial approval of the listing. Once the company gets the final approval, it is published within 15 days, which is usually published by its first public offering. Challenges in front of the Turkish offers faced many offers this year, and Dunya firmly Yonetim launched the first year during January, and also tended to buy upset loans, with the unsuccessful market conditions. The shares of “akfen insale turizm ve ticaret” have decreased after the beginning of its circulation, while businesses such as “Sieranit Granit Sanayi Ve Ticaret” and “Anda angeling” (Enerji Holding) less than planned shares. The flow of first public enrollment agreements in Türkiye delayed last year, as the tightening of monetary policy was less attractive for the first time. Turkey’s gravity in the Tarbat market was one of the largest listing markets in the region over the past year, with 56 businesses collecting nearly 80 billion pounds ($ 2.2 billion) in 2023, according to authority to the organizational body. These numbers are compared to approximately 57 billion pounds collected last year by 33 provisional public proposals. Read more: Compatible with expectations. The Turkish central reduces interest rates for the second time. Although the standard rate has since been reduced from 50% to 45%, indications that the reduction of monetary policy will last longer than previously expected, which in turn makes high risk assets less attractive.