Istanbul Stock Exchange - IMKB - Starts calculating IPO Index on May 7

Istanbul Stock Exchange - IMKB - Starts calculating IPO Index on May 7

 

04/05/2012

İMKB will start calculating an Initial Public Offering (IPO) Index consisting of the stocks of the companies that go public and start trading on İMKB National Market and Second National Market, and those of real estate investment trusts and venture capital investment trusts that start trading on İMKB Collective Products Market. The IPO Index will be calculated as price and yield separately. The companies that go public will be included in the IPO Index on the first day that they start trading, and will remain as Index constituents for a period of two years.

The base value of İMKB IPO Index will be equal to 59,043.16, the closing value of İMKB Stock Market’s main indicator İMKB 100 Index as of April 26, 2010. The Index will start to be calculated on real time basis with 46 constituent companies on May 7, 2012. The first and second session closing values for the Index for the period between April 27, 2010-May 4, 2012 has been calculated and will start to be announced on İMKB web site (www.imkb.gov.tr) on May 7, 2012.