First-Day IPO Wave: New Shares Shine Like Stars

First-Day Stars

The Borsa İstanbul saw 6 new IPOs launch on September 15, delivering a total market gain of 12.3% on the first day.

Trading Volume Report

■ABC Technology: 3.4M shares at TL 52.00 each, 9.8% opening gain

■DEF Energy: 2.1M shares at TL 18.50 each, 7.5% increase

■GHI Health: 1.6M shares at TL 27.30 each, 5.4% rise

■Total turnover: 17.9M TL

Investor Sentiment

■S&P Global analysts forecasted a 30% growth target, now adjusted to 18%.

■In the Small and Medium Enterprise panel at Borsa İstanbul, a 22% liquidity increase was reported.

Outlook for the Next Day

■Macro data: Target growth 3.2%, inflation 1.5%

■Policy: Central Bank rate held at 8.25%

■Tech: Investors are showing growing interest in Artificial Intelligence‑focused firms.

Volkan Şen: The market, buoyed by a robust first‑day IPO performance, continues to track the trail of smart money. A 12.3% total gain underscores investor confidence in new ventures. However, S&P Global’s lower-than‑expected growth projection could increase medium‑term volatility, making it essential to monitor dark‑pool data and AKD distributions closely.