The Istanbul Stock Exchange (İMKB) gained 52.55 percent in 2012, surpassing other investment tools in a year when the Turkish Lira also appreciated against the U.S. dollar.
The Istanbul Stock Exchange (İMKB), which recently became “Borsa Istanbul” after a recent change in the law, was crowned as the most lucrative investment instrument with the 52.55 percent rise that leveraged 1530 at the end of the year liras for investors’ initial 1000 liras. Compared to the end point of 2011, which was 51,266.62, the bourse reached its record high by closing 2012 at 78,208.44, representing one the largest yearly increases in the world, Hurriyet Daily News report.