Turkish Investors Hunting for Inflation Hedge Rush Back to IPOs
- IPO returns have far outpaced Turkey’s benchmark stock index
- Resurgent inflation is boosting demand for new share offerings
The surge in consumer prices is adding to the allure of equities as living costs rise.
Photographer: Moe Zoyari/BloombergThis article is for subscribers only.
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Turkish stock buyers are again piling into new share offerings by companies, lured by the promise of jumbo returns as they clamor for ways to shield against resurgent inflation.