Weekly IPO Performance: **İsvea Seramik** Gains 7.81%, **Orzax Kimya** Pushes to 104 TL

From July 27‑31, the Istanbul Stock Exchange highlighted the striking activity of two newly listed equities.

İsvea Seramik: A Weekly Surge of 7.81%

İsvea Seramik posted a 7.81% gain over the week, emerging as a favourite among investors. The rise reflects strong post‑offering demand and an increase in market liquidity.

Orzax Kimya: Shares Climb to 104.00 TRY

Orzax Kimya lifted its share price to 104.00 TRY, marking a 0.48% increase. The price adjustment aligns with the company’s strategic moves and improving sector outlook.

IPO Market: Expanding Liquidity and Investor Appetite

These two issuances underline the deepening of Turkey’s IPO market and the growing appetite for risk among investors. Enhanced liquidity is accelerating capital‑raising for SMEs and large corporates alike.

■İsvea Seramik achieved the week’s highest gain at 7.81%.

■Orzax Kimya raised its share price to 104.00 TRY.

■Both firms contributed to heightened market liquidity.

■IPO activity serves as a counterbalance to the tightening of SME credit lines.

Markets view this week’s IPO performance as a positive liquidity source amid credit tightening and macro‑economic uncertainty. The strong starts by İsvea Seramik and Orzax Kimya reinforce investor confidence in fresh capital raises. Nonetheless, sustaining this momentum will require further policy measures to ease the SME credit squeeze.