Turkey IPO market reopens but macro and Syria drive doubts

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Turkey IPO market reopens but macro and Syria drive doubts

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(LtoR) Iran's President Hassan Rouhani, Turkey's President Recep Tayyip Erdogan and Russia's President Vladimir Putin hold a joint press conference during a tripartite summit on Syria, in Ankara, on April 4, 2018. The presidents of Iran, Turkey and Russia met on April 4, 2018 for their second tripartite summit in under six months, aiming to speed the peace process for Syria and bolster their influence in the country.Photo by Parspix/ABACAPRESS.COM | Parspix/ABACA/ABACA/PA Images

Three new retail listings this week marked the renaissance of Turkey's IPO market. But if trying to do three similar deals simultaneously wasn't hard enough work, they come just as the country's economic prospects and the part it plays in the Syrian conflict are of growing concern for investors, writes Sam Kerr.

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