Thanks to the efforts of the Capital Markets Board (SPK), the number of investors on the İstanbul Stock Exchange (İMKB) increased by 53,000 in 2010, reaching 1,056,000 as of the beginning of this year.
Speaking to Today’s Zaman on Tuesday, Professor Üstün Dikeç from Ankara’s Çankaya University said these figures support the positive developments in the Turkish economy. “When we compare the stock markets in other countries to that in Turkey, we can see there are backdrops and uncertainties in foreign countries, while Turkey, BRIC countries [Brazil, Russia, India and China], Indonesia and Malaysia show a developing economic trend,” Dikeç said.
Despite some fluctuations in global markets, the İMKB managed to keep the number of its investors above the 1 million level. Experts point out the rise in the number of investors on the İMKB is because of the increasing number of IPOs. There were 22 companies offered to the public in 2010, and five more companies started to trade on the İstanbul bourse in the first five weeks of this year, while there are 20 more companies waiting to be offered. A spokesman from the SPK noted that seminars on investing on the bourse that it had organized for youths and housewives was also a reason behind the increasing number of investors.
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