FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT JUNE 2013
İSTANBUL MENKUL KIYMETLER BORSASI
CAPITAL MARKET DEVELOPMENT AND ECONOMIC OUTLOOK
Furthermore, capacity utilization rates have
been elevated and the economy is operating
near its potential.
The annual inflation rate based on CPI
decreased from 10.45% to 6.16% in 2012 while
unemployment rate remained unaltered at 9.1%.
Weighted average interest rates for TL deposit
were 10.05% in the end of 2011 while in end-
November 2012 it decreased to 9.46%.
The visible improvements in Turkish economy
have also boosted foreign trade, while annual
exports reached to 140 billion US$ in the
period January-November 2012 with a 14.3%
increase, imports reached to 217 billion US$
with a decrease of 1.6% in comparison to the
same period of 2011. Similarly, tourism revenue
which is an important source of foreign currency
for Turkey was 17.3 billion US$ in the first three
quarters of 2012 compared to 17.8 billion US$ in
the same period of 2011.
In 2012, İMKB National 100 Index reached to
2,561 (US$ based). The stock market yearly
total traded value was 347.85 billion US$ and
the average daily traded value of equities
amounted to 1.37 billion US$.
At the end of 2012, the market capitalization of
406 İMKB traded companies reached to 309
billion US$. Sixteen ETFs (Exchange Traded
Fund) are traded on İMKB Collective Products
Market.
The turnover in fixed income securities
transacted on Outright Purchases and Sales
Market was 200 billion US$ in 2012. The Repo/
Reverse Repo Market turnover was 2.07 trillion
US$ in the same period. The average daily
traded value in the overall Debt Securities
Market increased by 55% to 15.07 billion US$
in 2012.
Twenty six companies offered their stocks for the
first time to public in 2012. The amount of funds
raised through 26 IPOs was 352.14 million US$.
* Information provided by İMKB
Annual Average GDP Growth (%), Top 20 Countries (Forecast in OECD countries, 2011-2014)
5.30
5.16
3,0
3.03
2.80
2.73
2.62
2.51
2.32
2.22
2.21
2,0
1.87
1.68 1.64 1.53 1.48 1.36
3.34
3.63
3.66
4,0
Germany
4.65
5,0
6,0
1,0
Source: OECD Economic Outlook No: 92
0,0
Key Information Contacts
Capital Markets Board of Turkey www.cmb.gov.tr
İMKB Settlement and Custody Bank Inc. (Takasbank) www.takasbank.com.tr
Merkezi Kayıt Kuruluşu www.mkk.com.tr
The Association of Capital Market Intermediary Institutions of Turkey www.tspakb.org.tr
The Turkish Derivatives Exchange (TurkDEX) www.turkdex.org.tr
CONTACT INFORMATION
Contact Name Mr. Mahmut Aydoğmuş E-mail [email protected] Website www.borsaistanbul.com
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