İbrahim Ömer Gönül, Chairman of the Capital Markets Board (CMB) of Turkey, recently addressed the growing number of investors in the Stock Exchange and public offerings in the past year. He emphasized the importance of increasing demand for the stock market and urged new investors to approach it with a logical investment strategy.
Gönül acknowledged that people are increasingly interested in the stock market as a way to grow their money. However, he also highlighted the potential impact of increasing deposit interest rates on public offerings and stock market interest, emphasizing the need for careful market regulation.
According to Gönül, there are nearly 100 public offering applications on CMB’s desk, highlighting the importance of evaluating companies’ ability to meet market demands and necessary conditions. He also stressed that it is essential to carefully consider the size of public offerings and their demand.
One significant trend brought about by increasing public offerings in Turkey is an influx of new investors who may not have basic investment knowledge. Gönül warned these investors to approach public offerings with a mindset similar to professional investors and seek guidance from financial professionals.
When asked about CMB’s future approach to approval processes, Gönül reiterated its commitment to caution and principles of risk management while working closely with regulatory authorities. He also addressed challenges posed by large volume transactions and movements in the stock market, emphasizing the need for continuous monitoring and collaboration with stock exchanges to maintain market stability.
In summary, Gönül’s statements underscored that approaching the stock market and public offerings requires a rational investment strategy informed by research and sound financial planning, along with cautious market regulation aimed at protecting investors while promoting growth in capital markets.