Mavi Jeans gains 3.5% after TL744m Turkish IPO

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Mavi Jeans gains 3.5% after TL744m Turkish IPO

Galata Kulesi, Turkey from Fotolia by bilal ulker 230x150

Shares in Mavi Jeans, the Turkish maker of designer denim wear, closed 3.5% higher following its stock market debut on Thursday, after the company priced its TL744.4m ($211m) IPO at the bottom of its price range on Monday.

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