The rapidly increasing number of investors in the Stock Exchange and public offerings in the last year has caught the attention of CMB Chairman İbrahim Ömer Gönül. In his address, he emphasized the importance of increasing demand for the stock market and urged new investors to approach the market with a logical investment strategy.
Gönül acknowledged that people are turning to the stock market as a way to grow their money, but he warned that this interest can have negative consequences if not carefully regulated. He highlighted the potential impact of increasing deposit interest rates on public offerings and stock market interest, stressing the need for careful market regulation.
The CMB has received nearly 100 public offering applications in recent months, highlighting the importance of evaluating companies’ ability to meet market demands and necessary conditions. Gönül stressed that it is crucial to carefully consider the size of public offerings and their demand before approving them.
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 professional mindset and seek guidance from financial professionals before making any investment decisions.
When asked about the CMB’s future approach to approval processes, Gönül reiterated his commitment to caution and emphasized that they will continue to act cautiously when evaluating applications. He also addressed challenges posed by large volume transactions and movements in the stock market, stating that they will closely monitor developments and work with the stock exchange to maintain market stability.
In conclusion, Gönül’s statements underscored the importance of approaching public offerings with a rational, well-informed investment strategy and being cautious when making decisions related to market regulation.