Istanbul Stock Exchange to reach market value of TL one trillion soon

Experts comment that Istanbul Stock Market which has reached a value of TL 900 billion is expected to exceed TL one trillion before late. Mr. Himmet KARADAG, chairman of Borsa Istanbul said, “Currently, Istanbul Stock Exchange Istanbul is the most liquid stock market in Europe, Africa and Middle East. We aim to exceed the figure of 1 trillion lira towards the end of this year.”

KARADAG added that the reforms that the government made in the field of health introduced very valuable institutions in the field of health as well. He added that 40 companies were being traded on the stock exchange together with Medical Park and Live Hospital which had just entered Borsa Istanbul. He went on to say, “The market value of these companies reached to approximately 900 billion liras.

In today’s trading system, a strong financial system for a strong economy and an advanced capital market for a strong financial system are essential requirements. Unfortunately until today we have financed our firms with a large amount of banking-based credit finance. “